Image of M. LeClair                            

Lifelong Learning - Temple Beth El (4/10/18) click
Mark S. LeClair                       
              Professor of Economics
              Director, Masters in Public Administration program

          Contact Information:
          Address:   Department of Economics, Fairfield University, 1073 N. Benson Rd., Fairfield, CT  06824, USA
              Phone:      (203) 254-4000 X2295
          Recent Economic Data

                   Real GDP Growth:                   3.3% (3rd Quarter 2017, annualized rate)
            Federal Funds Rate (Target):    1.25-1.50%  (December 2017)                                     
            U.S. Budget Deficit:                $587 Billion (2016)
            Unemployment Rate:                4.1% (November 2017)
            Inflation Rate (Monthly)           2.0%  (December 2017, Trailing Rate)

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

          Quarter-to-Quarter Growth in Real GDP                                                                                                                                                                                                                           


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

             Course Materials


                Useful Links

Course Resources:  Click on the course number to view syllabus

Assignments By Course
Practice Exams
Review Materials

EC 11
EC 11
Principles of Microeconomics
Course Evaluation Link: :
Excel Assignment 1
Excel Assignment 2
Excel Assignment 3
Excel Assignment 4
Excel Assignment 5
Practice Final
Class notes

EC 12
Principles of Macroeconomics
Assignment Sheet
Excel Assignment 1
Excel Assignment 2
Excel Assignment 3
Excel Assignment 4
Excel Assignment 5
Practice Final (1)
Practice Final (2)
Class Notes (1st 2/3 of course)

VIDEO (Class notes)

EC 231
EC 231
International Trade
Paper Assignment
Practice Final

EC 233
EC 233
International Finance
Homework 1
Homework 2
Practice Final

EC 185
EC 185
Regional Economic Development
Assignment 1
Old Mid-Term
PP Slides 1
PP Slides 2
PP Slides 3

EC 278
EC 278

MPA 430
MPA 430
Economics of the Nonprofit Sector

Assignment 1

Lecture notes (first week)
Lecture notes (second week)
Final Project Notes
Lecture #10
Lecture #11

Final Exam Schedule - Spring 2018
    EC 12 (9:30) - Wednesday, May 9, 8:00
    EC 12 (6:30) - Wednesday, May 9, 6:30
    EC 185 (12:30) - Saturday, May 5, 8:00 (final projects due, no final exam)
    EC 231 (11:30) - Monday, May 7, 11:30

Office Hours During Finals:
    Thursday - 5/2   1-2
    Monday - 5/7     3-4
    Tuesday - 5/8     10-11

IDEA Course Surveys:

    EC 12 (9:30) 
    EC 12 (Evening):
    EC 231
    EC 185:

Further Reading:

Economic Debates:   Real Clear Politics ( - A complete source of political debates from Center/Left/Right perspectives
ata and Economic Analysis - Carpe Diem: - A compilation of data and economic analysis from a libertarian perspective

  Send an E-Mail - This link connects directly to my outlook web account

      Useful Links: 
             Link to: Fairfield University
                 Bureau of Labor Statistics BLS
                                   Federal Reserve System FED
                                   Council of Economic Advisors (Economic Report of the President)EROP
                                   IMF IMF

                                           Real Clear Politics  RCP
                                   St. Louis Federal Reserve Data Series (FRED)



(Link to my CV)

    Recent Publications:

    Philanthropy in Transition:  Palgrave, October 2014 (flyer)

    Redefining the Food Desert:  Combining GIS with Direct Observation to Measure Food Access, Agriculture and Human Values, Vol. 31, 537-47, 2014.

    Intelligence and Bribing Behavior in a One-Shot Game, with F. William Vasquez and Phil Shaw. The Journal of Socio-Economics 44, 9196, 2013.

   Exigency and Innovation in Collusion, Journal of Competition Law and Economics, Vol. 8, 399-415, 2012

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

    Commodity Markets:

      International Commodity Markets and the Role of Cartels, New York, M.E. Sharpe, 2000

    Fair Trade:

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

        "Fighting Back:  The Growth of Alternative Trade", Development, 46(1), 2003, pp. 66-73.

        Reply to Hayes comment on "Fighting the Tide:  Alternative Trade Organizations in the Era of Global Free Trade, World Development 30(6), 2002, pp. 2962-65.

    Corporate Philanthropy:

       with Kelly Gordon, "Corporate Support for Artistic and Cultural Activities:  What Determines the Distribution of Corporate
        Giving", Journal of Cultural Economics, 24(3), 2000, pp. 225-41.

    International Trade:

       Regional Integration and Global Free Trade:  Addressing the Fundamental Conflicts, Aldershot, England, Ashgate
        Publishing, 1997.

        "Export Composition and Manufacturing Employment in the U.S. during the Economic Downturn of 1991-2", Economic Systems Research, 14(2),
        2002, pp.147-56.

           with Dina Franceschi, "Externalities in International Trade:  The Case for Differential Tariffs", Ecological Economics, 58, 2006, pp. 462-72.

      "Currency Regimes and Currency Crises:  What about Cocoa Money?", Journal of International Financial Markets, Institutions and Money,
         17, 2007, pp. 42-57.


        "Reducing Gasoline Price Variability:  A Modest Proposal", The Energy Journal, 27(2), 2006, pp. 41-54.

       Book Reviews:

              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(4), Fall 2007.

             Review of Banking on Global Markets, by Kobrak, Christopher, Cambridge & New York, Cambridge University Press, 2008,
             Published in Eastern Economic Journal (2009), vol. 35, issue 4, pages 548-549

      Research in Progress: <>           
            -Food Accessibility Issues
            -Philanthropic Transitions in the U.S.
            -The Euro and Trade Patterns in the EU

<>Created on May 13, 2002.  Last Updated on December 13, 2017-------------------------------------------------
Disclaimer:  All views expressed are those of the author, and not Fairfield University


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