Economic Summit 2017
Seeing Tomorrow: Insights About the Global, National and Regional Economy for 2017
Saint Xavier University's Graham School of Management hosted its Third Annual Economic Summit in partnership with the Federal Reserve Bank of Chicago on Friday, March 24 from 7:30 to 9 a.m. in Metropolitan Club's East Room in the Willis Tower (67th floor), 233 S. Wacker Drive, in downtown Chicago.
A panel discussion, moderated by SXU's Dr. Monzurul Hoque, along with a Q&A immediately followed and addressed the latest economic and financial events and policy changes in the U.S. markets.
The panelists also assessed how recent forecasts fit our expectations for economic trends and policy changes. Three key areas were discussed: the U.S., Midwest and Chicagoland area.
The goal of the 2017 Economic Summit was to enable financial managers to strategize and take advantage of these trends in a changing global society.
Check out the video below to see the 2017 Economic Summit in its entirety.
Economic Summit Panel Members
William Strauss joined the Federal Reserve Bank of Chicago in 1982. He is responsible for analyzing the current performance of both the Midwest economy and the manufacturing sector for use in monetary policy. He produces the monthly Chicago Fed Midwest Manufacturing Index and organizes the bank's Economic and Automotive Outlook symposiums. Strauss earned a B.A. in economics and geography from the State University of New York at Buffalo and an M.A. in economics from Northwestern University. He currently teaches at DePaul University Kellstadt Graduate School of Business and at the University of Chicago Graham School of Continuing Liberal and Professional Studies.
- "The Economic Outlook"
Strauss will look at the performance of the overall macroeconomy with specific attention paid to key economic sectors and indicators for the U.S. economy over the next couple of years.
Dr. Faisal Rahman is the founding dean of the Graham School of Management at Saint Xavier University in Chicago. He has held a variety of high-level corporate and academic positions. He is a published author of texts and articles in leading journals.
Dr. Rahman is also the president and CEO of APAC, an organization of health care companies focused on outpatient surgery and chronic pain management clinics.
Dr. Rahman has served as advisor to the City of Chicago and worked with the World Bank on projects in developing countries. In addition, he has served on the boards of Chambers of Commerce and Economic Development Commissions.
- "Recent Developments in the Health Care Market -- Implications for the U.S. Economy"
Dr. Rahman will analyze the $3 trillion U.S. health care market with special emphasis on recent developments. Some critical issues and innovations in health care will be analyzed in global context.
Dr. Indranil Ghosh earned his Ph.D. and M.A. in economics from Southern Methodist University in Dallas. Dr. Ghosh is currently working on three research papers: "Referenda and the Provision of Public Goods" (with Rajat Deb and Tae Kun Seo); "Auction Mechanisms to Allocate Players - The Indian Premier League"; and "A Comparison of Online Versus In-Person Delivery of an MBA-level Managerial Economics Class."
- "Growth and Economic Impact of Industrial Clusters in the Chicagoland Area"
Dr. Ghosh will explore the growth and development of regional cluster formation in the Chicagoland area as well as the economic performance of industries that make up these clusters. The presentation will identify these groups or agglomeration of closely related and complementary industries as well as the synergies that these clusters promote.
Dr. Monzurul Hoque earned his Ph.D. in economics and a M.S. in finance from the University of Illinois at Urbana-Champaign. He serves on the University's Executive Leadership Team, was a key member of its Association to Advance Collegiate Schools of Business (AACSB) accreditation team and recently completed a four-year term as chair of the University's Assurance of Learning Committee. Dr. Hoque led the development of the GSM's Finance Program and interdisciplinary collaboration with Computer Science and Mathematics departments.
He created the University's Financial Trading and Practices Program in 1995, where he led the program for 10 years. Through grants from CQG and CME Group, Dr. Hoque and his team created a student-managed hedge fund. He has published more than 40 articles in reputed journals, like Journal of Risk and Insurance, Managerial Finance, among others. He is the past president of the Academy of Finance and is the editor of the Journal of Finance Issues.