M.A., Ph.D. University of Colorado, Boulder
B.A. Ghazvin College of Economics, Iran
Areas of Expertise:
- International Trade
- International Finance
- International Macroeconomics
- Environmental Economics
Courses I Teach:
- Environmental Economics
- International Economics
- Statistics for Economics
- Macroeconomic Theory
- Senior Seminar
- Principles of Macroeconomics
- Principles of Microeconomics
My research has been in the areas of international trade, international finance and economic development. My articles have been published in various books and journals, including the Review of Economics and Statistics.
Awards & Recognition
I received a Teaching Excellence Award from the University of Colorado and a Faculty Appreciation Award, Rev. Gerald DuPont Award and the Joanne Rathgeb Teaching Award from Saint Michael’s College.
I am a native of Tehran, Iran, where I graduated with a B.A. in Economics with honors. I received my M.A. and Ph.D. degrees from the University of Colorado, Boulder. I joined the college as a faculty member in 1986. My research has been in the areas of international trade, international finance, international macroeconomics, and environmental economics, primarily focusing on China. To conduct my research projects I have traveled to developing countries, including Haiti and China. My articles have been published in various books and journals, including the Review of Economics and Statistics. In addition, I have been attending and presenting my research regularly at the Colorado World Affairs Conference in Boulder, Colo. and the Western Economic Association International Conference.
I have been the recipient of several teaching and service awards. At the University of Colorado, I was awarded the Graduate Student Teaching Excellence Award as well as the Rueben A. Zubrow Graduate Fellowship, established in 1985 at the University of Colorado, Boulder, to recognize doctoral candidates for excellence in the teaching of economics. At Saint Michael’s College I received the Faculty Appreciation Award, the Rev. Gerald DuPont Award for outstanding contributions to the Saint Michael’s College Community (1997 and 2010), and the Joanne Rathgeb Teaching Award (2002). In addition, he was selected by Saint Michael’s College as a finalist for the 2004 Vermont Professor of the Year Award.
My Saint Michael’s:
My office is small but cozy. I am surrounded by souvenirs from my international students as well as my American students, as well as many pictures of former students.
I have a jar of gourmet jelly beans on my desk that I refer to as “smart pills.” I encourage my students to take a few or a handful in order to do well in their exams. The “smart pills” have become part of a tradition and in many cases students refuse to begin the exam without getting their share.
Reza Ramazani of the economics faculty was interviewed in an interesting, well-written, and well-researched recent article about the new Iranian president’s economic plan published by Asia Times this fall. Reza is quoted at the end of the article. Here are the insights quoted from Reza that close this article: “’Russia and China are not economic lifelines that can shield Iran from the sanctions in the long run,’ said Reza Ramazani, professor of economics at Saint Michael’s College in Vermont. ‘Both of these countries are only motivated by self-interest, trying to take advantage of the crisis in Iran and help their own economy. And the two countries, especially China, have been looting Iran’s natural resources for many years. However, it is clear to me that the removal of the sanctions is the most important factor for Iran’s economy to rebound and recover from its steep recession, aggravated by the Covid-19 crisis,’ he added.”
(posted February 2022)
Reza Ramazani of the economics faculty published the following book reviews in Choice, a publication of the Association of College and Research Libraries: Sustainable development and India: convergence of law, economics, science, and politics, ed. by Bimal N. Patel and Ranita Nagar. Oxford, September 2018; also, How growth really happens: the making of economic miracles through production, governance, and skills, By Michael H. Best. Princeton, July 2018; and, Austrian reconstruction and the collapse of global finance, 1921–1931 by Marcus Nathan. Harvard, May 2018. Reza also was invited again this year by the University of Colorado, Boulder to be part of 8 different panel discussions at 71st Annual Conference on World Affairs (CWA) at the University of Colorado in Boulder, Co. on April 9-13. The panels he joined were: “The Dance of Story and Culture: Who Leads, Who Follows,” “Social Media: 20 Years Later,” “Trade Wars: A Chance We Must Take or a MAGA Mistake?,” “Immigration Policies’ Impact on U.S. Industries,” “Universal Health Care: Do We Want It?,” “Take Me Home, (Newly Paved) Country Roads,” and “A Big, Beautiful Wall.” He also was interviewed by the local Colorado newspaper while in Boulder. In other recent activities, Reza was invited to be part of a panel discussion on the Maple Market and also gave a presentation entitled “A Macro View of Maple in the Global Economy” in Brattleboro, VT, on January 19 and in Hyde Park, VT on January 26. The conference was sponsored by the University of Vermont Extension and the Vermont Maple Sugar Makers Association. Finally, he plans to attend the Western Economic Association International conference in San Francisco this summer.
(posted June 2019)
Reza Ramazani, professor of economics, published the following book reviews in Choice, a publication of the Association of College and Research Libraries: 1. Engerman, David C. The price of aid: the economic cold war in India. Harvard, Cambridge, Massachusetts, 2018- March 2018; 2. Brunt, Liam; China from the inside: letters from an economist. Palgrave Macmillan, 2017- December 2017; 3. LiPuma, Edward. The social life of financial derivatives: markets, risk, and time. Duke, 2017-December 2017; 4. Huang, Yukon. Cracking the China conundrum: why conventional economic wisdom is wrong. Oxford, 2017- August 2017; and 5. Yu, Hong. Networking China: the digital transformation of the Chinese economy. Illinois, 2017- April 2017. Reza also was invited again this year by the University of Colorado, Boulder to be part of eight different panel discussions at 70th Annual Conference on World Affairs (CWA) at the University of Colorado in Boulder, Co. on April 9-13. Those panels include: “CU Class Visit: Principles of Macroeconomics,” “The Racial Income Gap,” “Iran and the U.S.: Taking a Step Backwards?” “Immigration: Close the Door Behind You,” “Who Wins, Who Loses? Immigration’s Impact on Business Sectors,” “The Economic Impact of Climate Change,” “Unfair Trade: Is ‘America First’ Putting Us Last?” and “The Regulatory Rollback.”
(posted June 2018)
Reza Ramazani, professor of economics, in recent months has published the following book reviews: Hung, Ho-fung. “The China boom: why China will not rule the world.” Columbia, 2016. Choice, A publication of the Association of College and Research Libraries. April 2016; also, “ Ecological economics for the Anthropocene: an emerging paradigm,” ed. by Peter G. Brown and Peter Timmerman. Columbia, 2015 (also in Choice, January 2016). Reza was invited to be part of 10 different panel discussions at 68th Annual Conference on World Affairs (CWA) at University of Colorado in Boulder, Co. on April 4-8. These were the panel titles: Obamacare: Easy to Repeal, Hard to Replace; U.S. Income Inequality & the American Dream; EU Sings “Breaking up is Hard to Do”; Door Open/Door Closed: The Immigrant Experience in America; Employment in the 21st Century; Is Higher Education Worth a Life of Debt?; Global Trade-Offs; Banking: A Force for Good or Evil?; China is Rattling the World’s Economy; Water, Water…Not Everywhere. Reza also was part of the panel on a local TV broadcast in greater Burlington discussing employment in the 21st century, and he gave a talk at a Conference on World Affairs Alumni Breakfast.
(posted June 2016)
Reza Ramazani, professor of economics, presented a paper, “The Impact of U.S. Sugar Policy on Consumer Food Prices,” co-authored with 2014 Saint Michael’s economics major Silke Hynes, at the Western Economics Association International in Honolulu, Hawaii, July 2015 –where Reza also organized, chaired, and was discussant on two economic sessions. He also published book reviews: in the journal CHOICE: Current Reviews for Academic Libraries –November 2015: Chinese workers in comparative perspective, ed. by Anita Chan. ILR Press; and September 2015 : Essentials of development economics, by J. Edward Taylor and Travis J. Lybbert. 2nd ed. California, 2015; with a forthcoming review for January 2016: Ecological Economics for Anthropocene: An Emerging Paradigm, edited by Peter G. Brown and Peter Timmerman, Columbia University Press.2015. Reza has been invited to be part of seven panel discussions at the 68th Annual Conference on World Affairs in Boulder, Co. on April 4-8.
(posted January 2016)
Reza Ramazani, professor of economics, contributed a chapter titled, “Is the Inequality in U.S. Income Distribution Surging?” in the book Taking Sides: Clashing Views on Economic Issues. (2014, May) Sixteenth Edition. McGraw-Hill, pp. 228-236. Reza also published book reviews in the journal CHOICE: Current Reviews for Academic Libraries: in the May 2014 issue he reviewed Foreclosing the Future: The World Bank and The Politics of Environmental Destruction, by Bruce Rich (Island Press); and in the March 2014 issue, he reviewed An Uncertain Glory: India and its Contradictions by Jean Dreze and Amartya Sen (Princeton University Press). He also organized, chaired, and was discussant on two economic sessions at the Western Economic Association International Annual Conference in Denver, CO, June 27-July 1, 2014.
(posted August 2014)
Reza Ramazani, professor of economics, recently wrote two book reviews in his field. He reviewed Capitalism from Below: Markets and Institutional Change in China, by Victor Nee and Sonja Opper (Harvard, 2012) for the November 2012 issue of Choice: Current Reviews for Academic Libraries, a publication of the Association of College & Research Libraries. For the same publication’s February 2013 issue, he also reviewed The Ashgate Research Companion to International Trade Policy, edited by Kenneth Heydon and Stephen Woolcock. (Ashgate, 2012). Reza also has been invited again this year to be on several panels as part the 65th Conference on World Affairs at University of Colorado, Boulder on April 8-12, 2013, and he will attend the Annual Western Economic Association International Conference this summer in Seattle, WA.
Reza Ramazani, professor of economics, has written two book reviews in recent months: He reviewed “The United States and the global economy: from Bretton Woods to the current crisis” by Frederick S. Weaver in the May 2012 edition of Choice: Current Reviews for Academic Libraries, a publication of the Association of College & Research Libraries. It is the leading academic library review publication. For the same publication’s September 2012 edition, he also reviewed “In the wake of the crisis: Leading economists reassess economic policy,” ed. by Olivier Blanchard et al. Reza also has been selected to be a member of the Editorial Board of the International Research Journal, and was invited again this year to be on several panels as part the 64th Conference on World Affairs at University of Colorado, Boulder, on April 9-13, 2012. During the conference he participated in 7 different panels: “Universities in the Age of Economic Uncertainty,” “What’s Your Currency Worth?, “Revitalizing Jobs in America,” “Breaking the Financial Gridlock,” “It’s the Economy Eurocrisis or Eurorecovery” (radio broadcast), “Immigrants…and Still They Don’t Give Up,” and “Closing the Global Income Gap.” Reza also attended the Annual Western Economic Association International Conference on June 29-July 3, 2012 in San Francisco, California.