Leticia Arroyo Abad joined the department of Economics and the International Politics & Economics program in 2009. She is an economic historian specialized in the long-term development and growth of Latin America and the Caribbean. Her research takes her to archives and libraries all over the world.
She teaches courses in macroeconomics, economic history, and inequality.
She has published articles at the Journal of Economic History, Explorations in Economic History, and the Journal of Iberian and Latin American Economic History. She is also a member of the Global Prices and Income History Group, the Maddison Project, and the Historical Household Budgets Group.
Originally from Buenos Aires, Argentina, she got her B.A. in Economics at the Argentine Catholic University and an M.A. in Latin American Studies at the the University of Kansas. She earned her Ph.D. in Economics at the University of California, Davis. After college, she worked as a financial analyst for a few years in her home country. Her plans are to continue her worldwide research travels and to enjoy her new life in the green mountains.
Courses offered in the past four years.
▲ indicates offered in the current term
▹ indicates offered in the upcoming term[s]
ECON0150 - Intro Macroeconomics ▲ ▹
An introduction to macroeconomics: a consideration of macroeconomic problems such as unemployment and inflation. Theories and policy proposals of Keynesian and classical economists are contrasted. Topics considered include: banking, financial institutions, monetary policy, taxation, government spending, fiscal policy, tradeoffs between inflation and unemployment in both the short run and the long run, and wage-price spirals. 3 hrs. lect. SOC
Fall 2014, Spring 2015, Fall 2015, Spring 2016, Fall 2016
ECON0224 - Econ History of Latin America ▲ ▹
Economic History of Latin America
Latin America is a region rich in resources, yet it has long struggled to achieve sustainable development. When, why, and how did Latin America fall behind other regions? In this course we will study the evolution of the Latin American economies from colonial times to the present. We will consider the role of natural resources, institutions, and international markets in shaping the region’s trajectory. Using applied economic analysis, we will explore the challenges, opportunities, and constraints the region faced across history. (ECON 0150) 3 hrs. lect. AAL HIS SOC
Spring 2013, Fall 2014, Spring 2016, Fall 2016
ECON0250 - Macro Theory
Macroeconomic theory analyzes whether the market effectively coordinates individuals' decisions so that they lead to acceptable results. It considers the effectiveness of monetary, fiscal, and other policies in achieving desirable levels of unemployment, inflation, and growth. The theories held by various schools of economic thought such as Keynesians, monetarists, and new classicals are considered along with their proposed policies. (ECON 0150) 3 hrs. lect.
ECON0285 - The Economic Lens
The Economic Lens
In this team-taught course, members of the economics faculty will discuss how they use the theoretical and empirical tools of economics to understand the world. The instructors will draw on their individual areas of expertise to present topics such as education and health policy, the minimum wage, business cycles, crime, discrimination in the marketplace, climate and pollution, and poverty and inequality. 3 hrs. lect.
ECON0424 - Econ Prosperity Global Economy
Economic Prosperity in the Global Economy
The forces of globalization have powerful and controversial effects today, but this phenomenon has deep historical roots. At the center of the globalization debate is whether prosperity is delivered to developing countries. In this course we will study the transformation to the global economy by exploring commodity, labor, and capital markets from a historical perspective. We will analyze the links among the economic dimensions of globalization, development, and growth. Our objective will be to examine the characteristics and evolution of globalization and its impact on overall growth, education, health, inequality, and poverty. (ECON 0240 or ECON 0250 or ECON 0340) 3 hrs. sem. SOC
Spring 2012, Spring 2013, Spring 2015, Fall 2015
ECON0500 - Individual Special Project ▲ ▹
Individual Special Project
If you choose to pursue an area that we do not offer or go in depth in an area already covered, we recommend the Individual Special Project option. These ECON 0500 proposals MUST be passed by the entire department and are to be submitted to the chair by the first Friday of fall and spring semester, respectively. The proposals should contain a specific description of the course contents, its goals, and the mechanisms by which goals are to be realized. It should also include a bibliography. According to the College Handbook, ECON 0500 projects are a privilege open to those students with advanced preparation and superior records in their fields. A student needs to have a 3.5 or higher G.P.A. in Economics courses taken at Middlebury in order to pursue an Individual Special Project. ECON 0500 does not count towards the major or minor requirements.
Spring 2012, Fall 2012, Winter 2013, Spring 2013, Winter 2014, Fall 2014, Winter 2015, Spring 2015, Fall 2015, Winter 2016, Spring 2016, Fall 2016, Spring 2017
IGST0703 - LAS Senior Thesis
Latin American Studies Senior Thesis
Winter 2013, Spring 2013, Winter 2014, Winter 2015, Spring 2015
IPEC0500 - Independent Project
Fall 2012, Fall 2014, Winter 2015, Spring 2015, Winter 2016
IPEC0700 - Intl.Pol.&Economics SR. Thesis ▲ ▹
Winter 2013, Spring 2013, Fall 2014, Winter 2015, Spring 2015, Fall 2015, Winter 2016, Spring 2016, Fall 2016, Spring 2017
PSCI0336 / ECON0336 - Political Econ of Development
The Political Economy of Development
Why have some countries developed more rapidly than others? How can governments help or hinder the development process? In this course we will address these broad questions by analyzing the development of Asian, Latin American, and African countries. To gain a historical perspective we will begin with the experiences of the now "developed" countries, followed by an examination of how countries have confronted the dilemmas of development, such as corruption, income inequality, and environmental degradation. By studying development through a political economy lens, we will present the intersections between a political and economic understanding of the complex process of development. (Not open to students who have taken PSCI/ECON 1027) (Comparative Politics)/ AAL CMP SOC