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The four new tenured faculty are :
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Donald R. Davis, a Columbia Ph.D., has taught at Harvard since 1992, and is conducting research on global trade;
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Pinelopi Koujianou Goldberg, a Stanford Ph.D., has taught at Princeton since 1992 and has written widely on trade policies and the global automobile industry;
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Michael H. Riordan, was chief economist for the Federal Communications Commission in 1997 and 1998, professor of economics at Boston University since 1988 and a fellow of the Econometric Society. His main area of study is industrial organization, and he has studied the economics of health care and telecommunications networks;
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David Weinstein, the Carl Shoup Professor of Japanese Economics, has taught at the University of Michigan Business School since 1996, where he earned his Ph.D.
"The appointment of these outstanding economic scholars, combined with the excellence of our regional scholarship on Asian and European economic markets, reaffirms the global reach of Columbia's commitment to research and teaching in this field," Cohen said.
"There's no question that we've shot into the top place in international economics with these new senior faculty," said Bhagwati, whose senior colleagues in the field of international economics in the department include Richard Ericson and Padma Desai on Russia and Ronald Findlay on trade.
The expanded department, now with 30 full-time members, is offering undergraduate courses in game theory and labor economics this semester and has added an additional section of the department's introductory course, Principles of Economics, to relieve overcrowding. With nearly 400 undergraduate majors, economics is Columbia's most popular. In addition, Columbia enrolls 140 graduate students in Master's and Ph.D. programs in economics. As interest in economics courses expanded among all students, introductory courses had become oversubscribed, even as the department began a selective search for new faculty.
"There were a few stressful years, but we now have the quality of professors students deserve," Cohen said.
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