Mark S. LeClair
Professor of Economics, Fairfield University

          Contact Information:
          Address:   Department of Economics, Fairfield University, 1073 N. Benson Rd., Fairfield, CT  06824, USA
              E-Mail:     mleclair@fairfield.edu
              Phone:      (203) 254-4000 X3313

          
                Real GDP Growth:                    3.2% (rd Quarter 2022, annualized rate)
            Federal Funds Rate (Target):    4.25-4.5%  (Current)                                     
            U.S. Budget Deficit:                $1.4 Trillion (2022)
            Unemployment Rate:                3.5% (December 2021)
            Inflation Rate (Monthly)           6.5%  (December 2022- Annualized Rate)

  Growth in Real Gross Domestic Product (U.S.) - Bureau of Economic Analysis

           
    

             

                              

         

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         This web page contains links to course resources, research materials and important outside links.

              §Course Materials

Course Resources:  Click on the course number to view syllabus
Final Exam Schedule:
EC 12 9:30 Section: May 8th, 8:00 (Monday)
EC 12 2:00 Section: May 4th, 3:00 (Thursday)
EC 231: May 8th, 3:00 (Monday)

Course Evaluation Links
EC 12 9:30 Section: https://fairfield.campuslabs.com/eval-home/direct/3018624
EC 12 2:00 Section:https://fairfield.campuslabs.com/eval-home/direct/4818624
EC 231: https://fairfield.campuslabs.com/eval-home/direct/8218624

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Research:

(Link to my CV)

Research:

   Research in Progress: <>           
             -Financial Crisis in Higher Education
            -Malfeasance in the Nonprofit Sector
 

Recent Publications:

Articles:

(2022) Evaluating Indicators of College and University Financial Insolvency:  Application of Bankruptcy Criteria to Nonprofits, Journal of Education Finance, 48 (1)

(2021) For College Finances, there is no Return to Normal, Chronicle of Higher Education, June 15

(2019) Reported Instances of Nonprofit Corruption: Do Donors Respond to Scandals in the Charitable Sector, Corporate Reputation Review, 22(2)

(2018) Malfeasance in the Charitable Sector: Determinants of “Soft” Corruption at Nonprofit Organizations, Public Integrity, 18(1)

(2014) with Ania Aksan, Redefining the Food Desert: Combining GIS with Direct Observation to Measure Food Access, Agriculture and Human Values, 31 

(2013) with F. William Vasquez and Phil Shaw, Intelligence and Bribing Behavior in a One-Shot Game, Journal of Socio-Economics, 44 

(2012) Exigency and Innovation in Collusion, Journal of Competition Law and Economics, 8

(2008) Reply to Hayes comment on Fighting the Tide:  Alternative Trade Organizations in the Era of Global Free Trade, World Development 36

(2007) Currency Regimes and Currency Crises:  What about Cocoa Money? Journal of International Financial Markets, Institutions and Money, 17

(2006) Reducing Gasoline Price Variability: A Modest Proposal, The Energy Journal, 27

(2006) with Dina Franceschi, Externalities in International Trade:  The Case for Differential Tariffs, Ecological Economics, 58

(2003), Fighting Back: The Growth of Alternative Trade, Development, 46(1)

(2002) Fighting the Tide:  Alternative Trade Organizations in the Era of Global Free Trade, World Development, 30(6)

(2002), Export Composition and Manufacturing Employment in the U.S. During the Economic Downturn of 1991-2, Economic Systems Research, 14(2)

(2000) with Kelly Gordon, Corporate Support for Artistic and Cultural Activities:  What Determines the Distribution of Corporate Giving, Journal of Cultural Economics, 24

Books:

(2014) Philanthropy in Transition, Palgrave

(2011) Cartelization, Antitrust and Globalization in the US and Europe, Routledge

(2000) International Commodity Markets and the Role of Cartels, M.E. Sharpe

(1997) Regional Integration and Global Free Trade:  Addressing the Fundamental Conflicts, Ashgate

Book Reviews:

(2007) Review of Fair Trade for All:  How Trade Can Promote Development, by Stiglitz, Joseph and Charlton, Andrew, New York, Oxford University Press, 2006. Published in Eastern Economic Journal, 33

(2009) Review of Banking on Global Markets, by Kobrak, Christopher, Cambridge & New York, Cambridge University Press, 2008, Published in Eastern Economic Journal, 35