Eddery Lam Headshot

Eddery Lam

Assistant Professor
Department of Economics
College of Liberal Arts

585-475-2435
Office Location

Eddery Lam

Assistant Professor
Department of Economics
College of Liberal Arts

Education

BA, MA, Boston University; MA, University of Massachusetts at Amherst; Ph.D., Kansas State University

585-475-2435

Currently Teaching

ECON-201
3 Credits
Macroeconomics studies aggregate economic behavior. The course begins by presenting the production possibilities model. This is followed by a discussion of basic macroeconomic concepts including inflation, unemployment, and economic growth and fluctuations. The next topic is national income accounting, which is the measurement of macroeconomic variables. The latter part of the course focuses on the development of one or more macroeconomic models, a discussion of the role of money in the macroeconomy, the aggregate supply-aggregate demand framework, and other topics the individual instructor may choose.
ECON-431
3 Credits
This course is a study of monetary behavior and the role of monetary institutions in the modern economy. The primary focus of the course is upon understanding how money plays a role in individual decision making units (i.e., households and businesses) and ultimately affects the macroeconomy (e.g., output, employment and inflation). The first part of the course begins with a discussion of economic methodology including introduction to regression analysis and an overview of money and the financial system; the course then proceeds to a discussion of interest rates, portfolio analysis and exchange rates. The second part of the course considers how money affects the macroeconomy by discussing the money supply process and considering theories which explain how changes in the money supply affect the economy.
ECON-402
3 Credits
The central question of macroeconomics is the determination of output, employment, and prices. This course develops models which incorporate behavioral assumptions concerning consumption, investment, and the role of money and their relationship to macroeconomic variables. Macroeconomics, unlike microeconomics, has been in a constant state of flux during the 20th and into the 21st century. Theories which purport to explain macroeconomic behavior have come into and gone out of fashion depending upon institutional changes and external factors. This course will primarily focus on examining four macroeconomic theories; the Classical, Keynesian, Monetarist, and New Classical models. In addition, macroeconomic public policy will be analyzed in the context of recent economic history. This analysis will be extended to consider open economy macroeconomics in a global context.

Select Scholarship

Journal Paper
Lam, Eddery and Andrew Ojede. "The Impact of Changes in Monetary Aggregates on Exchange Rate Volatility in a Developing Country: Do Structural Breaks Matter?" Economics Letters 115. (2017): 111-115. Print.
Lam, Eddery and Jenny Wu. "The Economics of Inter-City Competition in Financial and Distribution Markets." Journal of Economics and Management 12. (2016): 85-117. Print.