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Department of Economics

Undergraduate Economics

Interdisciplinary Internship

The College of Arts and Science offers one-hour of academic credit for students participating in an approved internship when they present evidence of an academic component to the internship that is approved by a faculty member and the Dean's Office. Academic credit involves payment of tuition.

Often a supporting letter from the Director of Undergraduate Studies in Economics certifying that a student is pursuing the economics major is sufficient for participation in an internship. The Director of Undergraduate Studies will supply such a letter if you have completed Econ 101 and have declared the major or an economics minor. Internships may provide valuable experience that is useful in shaping careers and in forming decisions about future courses of study. A student may achieve these goals without earning academic credit for an internship.

If academic credit is essential, then a student should use the form supplied by the Dean's Office, complete a study plan, and get the approval of a faculty member. In Economics, the Director of Undergraduate Studies will approve study plans for academic credit for internships that follow the guidelines below. Academic credit is awarded on a pass/fail basis. The internship does not carry credit toward a major or minor.

Guidelines

1. A student must have completed Econ 100, 101, and 150 (or the equivalent) with satisfactory grades before beginning the internship. A student must register for the internship by the drop/add date of the semester.

2. A student must present an essay of eight pages to the Director of Undergraduate Studies before the last day of classes in the term when academic credit will be earned.

a. The essay should address an economic issue in the industry in which the internship is completed. Try addressing a relevant policy issue.

b. The essay should draw on three concepts from Economics 100 and 101 such as opportunity cost, demand and supply, and monopoly.

c. Include a bibliography with at least: i) a book, ii) an essay by an economist, and iii) three recent newspaper articles on the firm or industry of the internship. Consult the library?s Acorn catalog to identify a book, the EconLit database of the economics literature to find an article, and ProQuest or other general index to find newspaper articles. JSTOR provides economics articles online. Econlit. JSTOR, and ProQuest may be reached through the Library?s website.

d. Include at least one table, chart, or diagram with numerical information.

e. The essay should use the ideas in the items in the bibliography and table.

3. The student must present a letter from the internship sponsor by the last day of classes on the sponsoring organization?s letterhead indicating that the internship has been completed successfully. Address the letter to Professor Getz (fax: 615-343-8495).

For a student who has completed the basic economics courses, agrees to write the essay with the five components, and supply a letter from the internship supervisor, the Director of Undergraduate Studies will approve the internship. A student may drop the internship within the normal drop period for the term.

When the three elements in these guidelines are successfully completed, a grade of pass will be assigned. When a plan is approved but neither dropped nor completed in a timely manner, a grade of fail will be assigned. A good resource for internship information is the Career Center's internship webpage.

Malcolm.Getz@Vanderbilt.edu
Box 351519
Nashville, Tennessee 37235-351819

Link to Vanderbilt's Career Center with information on eRecruiting http://www.vanderbilt.edu/career/