Muhlenberg College - Ciarla Yearbook (Allentown, PA)

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Front: Rick Sayles, Andy Forshay. Morris Cohen, Eric Rasmussen, Sandy Moskovitz. Back: Brian Asarnow, Scott Lenz, Sharon Coslett, Kathy Reinhart. acy and a friend smile for the camera. he Business, Accounting and Econom- ics Departments submitted contribu- tions in research, theory, publications, etc. As the trend of the times-the busi- ness slump and spiraling inflation has gained widespread interest and con- cern to businessmen, economists and accountants alike. Businesses that once flourished are folding, affecting national and international economics- the economic man faces hard times ahead. The professors in the depart- ments made such contributions as The Malthusian Ghost and Economic Exorcism” in Key Issues in Population and Food Policy, Labor in India: Mar- ket and Institution” in India ' s Econom- ic Problems and Labor Market: Micro and Macro Aspects contributed by Dr. Rohini P. Sinha. Dr. John G. Voyatzis is currently doing research on Income Distribution and World Hunger” as Mr. James Luizer is currently researching The Effect of Concentration on Teacher’s Salaries in Local Teacher La- bor Markets”. Dr. James Marshall is currently writing a paper entitled Stock Market Performance in the In- flationary 1970’s: A Review of Theoreti- cal Explanations and the Empirical Evi- dence” for presentation at the 1983 an- nual meeting of the Eastern Economic Association and is nearing completion of the book entitled Financial Math- ematics.- Concepts and Applications Mr. Serfass responded to the current economic times, More Reagonomics so we have less inflation, lower inter- est rates and higher productivity.” A recent graduate of the Business De- partment reflects upon the knowledge gained during the past four years. As a double major was able to concentrate my studies in Account- ing while receiving a general under- standing of the business world. I found it interesting to have a major in which book knowledge and real world situations were integrated. My education branched into many aspects of business which allowed me to gain a greater insight into my chosen field. ” Robert D. Gelman Roger-Eh-Good Looking! 29

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BUSINESS Sue relaxing on the C.A. wall. Ethan studying under the tree of Knowledge. Dr. Rohini P. Sinha Professor of Economics and Business- Department Head Mr. Wilson N. Serf ass Jr. Professor of Accounting Dr. John G. Voyatzis Professor of Economics Mr. John R. Biglin Assistant Professor of Accounting and Business Mr. William Henry Assistant Professor of Economics and Business Mr. John P. Horchner Assistant Professor of Economics and Business Mr. James C. Luizer Assistant Professor of Economics and Business Dr. James N. Marshall Assistant Professor of Economics and Business Mr. Daniel A. Bayak Lecturer in Accounting 28

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he Political Science depart- ment continues to stress in the regular courses and seminars contemporary socio-po- litical problems affecting the U.S. and the larger international commu- nity. The U.S.-Soviet relationship, the issue of nuclear armaments, the nature of the modern American po- litical economy, and the environ- mental problem are concerns re- flected in ongoing classes. The de- partment plans to continue with the team teaching of its Introduction to Political Science and the Introduc- tion to American National Govern- ment courses. This well received approach enables the department to introduce its faculty members to freshmen at the introductory level. The department continues to seek to educate its students in all the major issues of our day. The rights of the individual versus the needs of society is, per- haps, the fundamental political question facing the modern era. This question manifests itself in the environmental problem, the conflict over national and interna- tional allocation of resources, the capitalist-socialist debate, and most other aspects of our increas- ingly interdependant world. The challenge of our time is to deter- mine the proper balance between societal needs and individual li- berty. The study of political sci- ence and political economy can provide the theoretical framework and the analytical tools necessary for any meaningful response to this challenge . -Frank F. Klink POLITICAL SCIENCE j 1 Phi Sigma Alpha: Brian Ortelere, Mr. Sorensen. Joanne Perusich, Victor Lea, Susan Krawczuk Dr. Charles S. Bednar Professor of Political Science-Department Head Dr. Stewart S. Lee Professor or Political Science Dr. Alton J. Slane Associate Professor of Political Science Mr. Robert C. A- Sorensen Assistant Professor of Political Science 30