Akhil Rao
Office
Warner 307
Tel
(802) 443-2192
Email
akhilr@middlebury.edu
Office Hours
Mondays and Wednesdays 11:00 AM - Noon; Wednesdays 12:30 PM - 1:30 PM or by appointment; all on Zoom

Akhil Rao joined the Economics faculty as an Assistant Professor in the fall of 2019. His primary research interests are in environmental and computational economics, with a focus on outer space and simulation modeling.

Akhil received his PhD from the University of Colorado Boulder, and BS in Business Administration from the University of California, Riverside. His dissertation research focused on the economic dynamics of orbit use and applying that understanding to policy design and integrated assessment modeling. He teaches courses in statistics and environmental economics.

Courses Taught

Course Description

Economic Statistics (formerly ECON 0210)
An introduction to the discipline of statistics as a science of understanding and analyzing
data with an emphasis on applications to economics. Key topics include descriptive statistics, probability distributions, sampling, random variables, the Central Limit Theorem, estimation, hypothesis testing, p-values, and linear regression. Students will be introduced to a statistical programming language. A weekly one-hour lab is part of this course in addition to three hours of class meetings per week. (Formerly ECON 0210) (Not open to students who have taken ECON 0210, MATH 0116, MATH 0310, or PSYC 0201.) 3 hrs. lect., 1 hr. lab

Terms Taught

Fall 2022

Requirements

DED

View in Course Catalog

Course Description

Economic Statistics
Basic methods and concepts of statistical inference with an emphasis on economic applications. Topics include probability distributions, random variables, simple linear regression, estimation, hypothesis testing, and contingency table analysis. A weekly one-hour lab is part of this course in addition to three hours of class meetings per week. Credit is not given for ECON 0210 if the student has taken MATH 0116, or MATH 0310, or PSYC 0201 previously or concurrently. (ECON 0150 or ECON 0155) 3 hrs. lect., 1 hr. lab

Terms Taught

Fall 2019, Spring 2020, Fall 2020, Spring 2022

Requirements

DED

View in Course Catalog

Course Description

Environmental Economics
This course is dedicated to the proposition that economic reasoning is critical for analyzing the persistence of environmental damage and for designing cost-effective environmental policies. The objectives of the course are that each student (a) understands the economic approach to the environment; (b) can use microeconomics to illustrate the theory of environmental policy; and (c) comprehends and can critically evaluate: alternative environmental standards, benefits and costs of environmental protection, and incentive-based environmental policies. (ECON 0155) 3 hrs. lect.

Terms Taught

Fall 2019, Spring 2020, Spring 2021, Fall 2021, Fall 2022

View in Course Catalog

Course Description

Space Economics
In this course we will study the economics of outer space. Specific topics include: the existing terrestrial space economy, the historical development of the launch and space observation sectors, the physical constraints of space travel (the rocket equation, life support units), and dual-use technologies; orbit use, focusing on satellites, orbital debris, and emerging industrial concentration; the use of lunar resources, particularly ice extraction and dust management; and the economics of extra-terrestrial human settlements. (ECON 0210 and (ECON 0250 or ECON 0255); ECON 0265 strongly recommended.)

Terms Taught

Fall 2021

View in Course Catalog

Course Description

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.

Terms Taught

Fall 2019, Winter 2020, Spring 2020, Winter 2021, Spring 2021, Fall 2021, Winter 2022, Spring 2022, Fall 2022, Winter 2023, Spring 2023

View in Course Catalog

Course Description

Senior Independent Study
In this course, seniors complete an independent research or creative project on a topic pertinent to the relationship between humans and the environment. During the term prior to enrolling in ENVS 0700, a student must discuss and agree upon a project topic with a faculty advisor who is appointed in or affiliated with the Environmental Studies Program and submit a brief project proposal to the Director of Environmental Studies for Approval. The expectations and any associated final products will be defined in consultation with the faculty advisor. Students may enroll in ENVS 0700 as a one-term independent study OR up to twice as part of a multi-term project, including as a lead-up to ENVS 0701 (ES Senior Thesis) or ENVS 0703 (ES Senior Integrated Thesis). (Senior standing; Approval only)

Terms Taught

Fall 2019, Winter 2020, Fall 2020, Winter 2021, Winter 2022, Winter 2023

View in Course Catalog

Course Description

Senior Thesis
This course is the culminating term of a multi-term independent project, resulting in a senior thesis on a topic pertinent to the relationship between humans and the environment. Approval to enroll is contingent on successful completion of at least one term (and up to two) of ENVS 0700 and the approval of the student’s thesis committee. The project, carried out under the supervision of a faculty advisor who is appointed in or affiliated with the Environmental Studies Program, will result in a substantial piece of scholarly work that will be presented to other ENVS faculty and students in a public forum and defended before the thesis committee. (Senior standing; ENVS major; ENVS 0112, ENVS 0211, ENVS 0215, GEOG 0120, and ENVS 0700; Approval only)

Terms Taught

Winter 2020, Spring 2020, Winter 2021, Spring 2021, Winter 2022, Spring 2022, Winter 2023, Spring 2023

View in Course Catalog

Course Description

Senior Thesis
(Approval Required)

Terms Taught

Winter 2022, Spring 2022, Winter 2023, Spring 2023

View in Course Catalog