Professor Randall S. Kroszner works as a Yonsei professor for a year from March and gives a lecture in “Money and Banking” with Professor Sung Tae-yoon. He will also conduct a special lecture in another class with the same title taught by Professor Park Ki-young.  A small conference on “monetary policy during financial crisis and exit strategy” is scheduled as well during this semester. In the lectures, he will give his own field experience as a member of Federal Open Market Committee during the sub-prime financial crisis and teach post-crisis monetary policy and exit strategy.

 Professor Kroszner graduated magna cum laude with a Sc.B. in Applied Mathematics & Economics from Brown University in 1984, followed by an M.A. (1987) and Ph.D. (1990), both in Economics, from Harvard University.

 He was a member of the President’s Council of Economic Advisers (CEA) from 2001 to 2003. CEA is a three-member council directly under the control of US President that analyzes and interprets economic developments and advises the President on national economic policy.

From 1999 to 2006, he served as the director of George J. Stigler Center for the Study of the Economy and the State. The Center is named after the 1982 Nobel Economics Laureate George J. Stigler and is run by the University of Chicago Booth School of Business, Department of Economics and the Law School. The center aims to make a unique contribution through the application of “Chicago-style” analysis to government institutions, policies and regulations affecting the private economy.

Yonsei Chair-professor Lee Sang-rim organized the event with UNESCO and local government. Participants in the event were student representatives and professors from universities around the world including Tongji University (China), Cept University (India), the National University (Philippines), Yonsei University (Korea), Daejeon University (Korea), Iowa State University (USA), Hanoi University of Civil Engineering (Vietnam). Professionals and government officials from various regions also participated in the event. 

Since the two university libraries use the same information management system developed by ExLibris, practical cooperation between the two libraries is expected through ANSI/NISO Z39.50 (standard information management protocol for digital libraries).

The first academic programs to be offered at the International Campus are ‘Summer School’ for international students and further education lectures for residents of Incheon. In Fall semester, pre-university course for overseas students from East Asian regions will be offered.  

The new College of Pharmacy, which was granted confirmation by the Ministry of Education, Science and Technology, will receive students from 2011, along with the establishment of the campus’ international hospital. In the same year, Interdisciplinary Majors in College of Engineering (Graduate Course), College of Life Science (Graduate Course) and Pre-medical/ Pre-dentistry program will be established there.