Dr.
Anne
Macy
Associate Professor of Finance
Director of the WT College of
Business Investment Series
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Office:
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Classroom
Center 213G |
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Telephone:
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(806)
651-2523 |
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FAX:
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(806)
651-2514 |
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E-Mail:
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aterry@mail.wtamu.edu |
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Address:
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College of Business
West Texas
A&M University
Box 60187
Canyon, TX
79016 |
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Education
Ph.D. (Major: Economics; Minor: Finance)
Texas Tech University, 1998
Post-Doctoral Seminar:
"The Art and Craft of Discussion Leadership"
Harvard University, May 2000
M.A. (Major: Economics)
Texas Tech University, 1996
B.A. (Major: Economics; Minors: Business Administration and German),
summa cum laude, University Scholar
University of South Dakota, 1992
Courses
| FIN 320 |
Corporate Finance |
Fall and Spring Semesters |
| FIN (5)420 |
Investments |
Fall and Spring Semesters |
| FIN (5)421 |
Portfolio Management |
Spring Semester |
| FIN 5500 |
Managerial Finance |
Spring Semester |
| FIN 5522 |
Security Analysis |
Alternating Fall Semesters |
| FIN 5530 |
Money & Capital Markets |
Alternating Fall Semesters |
Course Library
Guides
Course
Guide for Finance 5/420
Course
Guide for Finance 5/421
Course
Guide for Finance 5522
Publications
Refereed Journal Articles
“Growing a Middle Class: China
and India,”
with Tanveer Singh. Southwest
Review of International Business Research. Forthcoming
Spring 2006.
“Kay Merrell: 401(k) Choices and Dilemmas,” with William P. Dukes. Journal of Finance Case Research. Vol.
7(2), pages are not known at this time
because it is in proof form, 2005.
“Upside-Down, Leasing and Packing: Time
Value
of Money and Car Buying.” Journal
of Finance Case Research. Vol. 7(1),
pages 101-105, 2005.
“Characterizing Depreciation in the
Automobile Industry by Brand,"
with Neil Terry and Peter
Ren. International Advances in Economic
Research. Vol. 11(4), page 85, November 2005.
“Technology: Connecting the Macro with the
Micro.” Economics and Economic Education Research Journal. Vol. 6(2), pages 3 -18, 2005.
“Mainstreaming Mutual Funds.” Economics
and Economic Education Research Journal. Vol.
6(1), pages 3 -20, 2005.
“The Impact of Mergers on Pharmaceutical Agent.” A chapter in Research
Methodology in Applied Economics, 2nd edition authored by Don
Ethridge,
pages 201-28, 2004.
“The Efficacy of Alternative Instruction Modes in Economics,” with Neil
Terry and Joshua Lewer. Economic Research Network Educator.
Summer 2003.
"IPO Premiums and Investor Behavior in the Neuer Market." Southwestern
Economic Review. Vol. 30 (1), pages 69-77, Spring 2003.
"The Rise and Fall of the European New Markets." Southwest
Review of International Business Research. Vol. 14, pages 11–16,
Spring 2003. [proceedings journal]
“Service-Learning and Entrepreneurship: Students Teaching Students,”
with Jean Walker. Journal of Entrepreneurship Education.
Volume 5, pages 31-36, 2002.
“Speculative Returns in the Neuer Market,” with Neil Terry. Journal
of International Business Research. Vol. 1, pages 73-82, Fall 2002.
"Drugs.com: E-commerce and Prescription Drugs." Southwestern
Journal of Economics. Vol. 4(2), pages 150-67, October 2001.
“Customer Satisfaction with Internet Instruction: A Case Study,”
with
Neil Terry and James Owens in Southwestern Journal of Economics.
Vol. 4(1), pages
120-128, March 2001.
"Do Virtual Courses Lead to Virtual Learning?" with Neil Terry
and James Owens in Southwestern Economic Review. Vol.
28(1), pages 99-105, Spring 2001.
"Student Performance in the Virtual Versus Traditional Classroom: A
Case Study," with Neil Terry and James Owens. Journal of the
Academy of Business Education. Vol. 2(1), page 1-4, Spring
2001.
"Student and Faculty Assessment of the Virtual MBA: A Case Study,"
with Neil Terry and James Owens in Journal of Business
Education. Vol. 1(2), pages 33-38, Fall 2000.
“Integrating Financial Economics into the High School Curriculum,”
with Jean Walker. Economics and Economic Education Research
Journal. Vol. 1(1), pages 61-74, Fall 2000.
“The Impact of Mergers on Financial Performance in the
Pharmaceutical
Industry.” Southwestern Journal of Economics. Vol.
3(2),
pages 31-44, July 2000.
“The Trade Adjustment Assistance Program of NAFTA and U.S. Labor
Displacement,” with James E. Jonish. International Trade in
the 21st Century, edited by Khosrow Fatemi. Oxford, U.K:
Elsevier Science, Ltd. (1997), pages 159-170.
Published Proceedings
“Financial Ratios in a Modern Economy,” with Jim Owens. Proceedings
of the International Academy for Case Studies. Vol. 11(1),
pages
51-3, Spring 2004.
“Upside-Down Packing: Auto Purchase Decisions.” Proceedings
of the
International Academy for Case Studies. Vol. 11(1), pages
47-9,
Spring 2004.
Space R&D: Macro and Micro Ideas.” Proceedings of the
Academy
for Economics and Economic Education. Vol. 7(1), pages 31-2,
Spring
2004.
“The Right Mix for a 401(k),” with William P. Dukes. Proceedings
of the Academy of Case Studies. Vol. 10(2), pages 17-18,
October 2003.
“Emails and Internal Labor Market.” Proceedings of the
Academy of Organizational Culture, Communication & Conflict.
Vol.
8(2), pages 73-74, October 2003.
“The High Cost of Payday Loans.” Proceedings of the Academy
of Case Studies. Vol. 10(2), pages 65-66, October 2003.
“Car Loan Payments and Time Value of Money.” Proceedings
of the Academy of Case Studies. Vol. 9(2), page 29, October 2002.
“Guidelines For Student-Managed Investment Funds.” Proceedings
of the Academy of Educational Leadership. Vol. 7(2), page 39,
October 2002.
“Students Teaching Students To Be Local Entrepreneurs,” with
Jean Walker. Proceedings of the Academy of Free Enterprise
Education. Vol. 6(2), pages 3-4, October 2002.
"IPO Premiums and Investor Behavior in the Neuer Market." Southwestern
Economic Proceedings of the 2001 Conference, Vol. 29 (1), pages
45-8, Spring 2002.
"The Impact of the Euro on the German Neuer Market," with Neil
Terry.
Proceedings of the Academy for Studies in International Business.
Vol. 1(2), pages 1-5, October 2001.
"Financial Performance of Prison Industry Production: A Comparison
by
Sectors," with Neil Terry and Barry Duman. Proceedings of the
Academy
for
Economics and Economic Education. Vol. 4 (2), pages19-22,
October 2001.
“Teaching Basic Financial Skills: The Case of Mutual Funds.” Proceedings
of the Academy for Economics and Economic Education. Vol. 4(2),
pages 17-18, October 2001.
"Organizational Notes for Virtual Courses in Economics and Finance,"
with Neil Terry and James Owens. Southwestern Economic
Proceedings: Selected Papers from the 2000 Conference. Vol.
28(1), pages 75-78, March 2001.
“Returns to Stockholders After Mergers: A Case Study.” Southwestern
Economic Proceedings of the 1999 Meeting, Vol. 27(1), pages 49-56,
Spring 2000.
“The Effect of Pharmaceutical Mergers on Bond Ratings.” Southwestern
Economic Proceedings of the 1999 Meeting, Vol. 27(1), pages 81-84,
Spring 2000.
“Eli Lilly’s Venture into the Pharmacy Benefit Management Business:
What Went Wrong?” Proceedings of the Academy of Accounting
and Financial Studies, Vol. 4(2), pages 91-94, October 1999.
“Finance in the High School Curriculum,” with Jean Walker. Proceedings
of the Academy for Economics and Economic Education, Vol. 2(2),
pages 19-21, October 1999.
“Principal-Agent Considerations with Internet Instruction: A Case
Study,” with Neil Terry. Proceedings of the 1999 Academy of
Economics and Finance. Vol. 23, pages 373-378, February 1999.
“The Quest to be Number One: The Bristol-Myers and Squibb Merger.” Proceedings
of the 1998 Academy of Economics and Finance. Vol. 22, pages
195-202, February 1998.
“The Determinants of Aggregate Health Care Expenditure,” with Neil
Terry, Proceedings of the 1998 Academy of Economics and Finance.
Vol. 22, pages 203-209, February 1998.
“Health Care Profitability: The Case of Drug Manufacturers,” with
Neil Terry, Proceedings of the 1997 Academy of Economics and
Finance. Vol. 21, pages 388-396, February 1997.
“NAFTA and Labor Displacement: The Initial Experience,” with James
E.
Jonish. Proceedings of the International Trade and Finance
Association. Vol. 1, pages 65-81, May 1995.
Professional
Service
Secretary/Treasurer
for the Southwestern Society of
Economists
Editorial Review Board member for the International Academy for Case
Studies
and the Journal of Case Studies. Spring 2004 to present.
Editorial Board Member and Review Board Member for Journal
ofFinanceCase Research edited by Robert Stretcher. Spring
2000 to present.
Editorial Board Member and Review Board Member for Journal of
Economics & Economic Education Research edited by Larry
Dale. Spring 2002 to present.
Review Board Member for Southwestern Journal of Economics
edited by Abdul M. Turay. Summer 1999 to present.
Review Board Member for Southwestern Economic Review edited
by
John Kaminarides. Spring 2000 to present.
Review Board Member for Journal of Financial Education
edited by Jean Heck. Winter 2000 to present.
Review Board Member for Journal of the Academy of Business
Education edited by Don Robin. Spring 2002 to present.
Financial and
Economic Education Seminars
2005:
. “Economics in the News” for the Texas Council
on Economic Education and Federal Reserve Bank of Dallas’ Economics
Extravaganza 2005 in El Paso, Texas. February
18, 2005.
Over 275 people in attendance.
2004:
"Trading Game and Talk About Trade” for
the West Texas Center for Economic Education and Students in Free
Enterprise’s Globally
Speaking on November 17, 2004. Over
90 in attendance.
· “Money Talk About Savings and Investing” at
West
Texas Economic Education Center’s Money Talk for Teens and Tweens on
July
15, 2004 in Canyon, Texas. Over forty in attendance.
· “Money Talk About Stocks and the Market” at
West
Texas Economic Education Center’s Money Talk for Teens and Tweens on
July
15, 2004 in Canyon, Texas. Over forty in attendance.
· “Money Talk About Savings and Investing” at
West
Texas Economic Education Center’s Money Talk for Teens and Tweens on
July
8, 2004 in Lubbock, Texas. Over forty in attendance.
· “Money Talk About Stocks and the Market” at
West
Texas Economic Education Center’s Money Talk for Teens and Tweens on
July
8, 2004 in Lubbock, Texas. Over forty in attendance.
· “Connecting Economics to the Evolution of
Technology”
at Texas Council on Economic Education’s Economics Expo 2004.
February
19, 2004 in Houston, Texas. Over one-hundred in attendance to one
session.
2003:
· “Choices and Changes” at the Texas Council
on
Economic Education’s Economics Expo 2003. February 11, 2003 in
Austin,
Texas. Over forty in attendance to one session.
· “A Viewer’s Guide to the Middle East.”
Panel
Discussion on Iraq at the Texas Council on Economic Education’s
Economics
Expo 2003. February 10, 2003 in Austin, Texas. Over one
hundred
fifty in attendance to plenary session.
· “What Makes the Stock Market Move?” at
Region
16 and West Texas Economic Education Center’s Crash Course in the Stock
Market
and Personal Finance. June 23, 2003 in Canyon, Texas.
Forty-six
people in attendance.
· “CD’s, Bonds, Mutual Funds and Other
Investments”
at Region 16 and West Texas Economic Education Center’s Crash Course in
the
Stock Market and Personal Finance. June 23, 2003 in Canyon,
Texas.
Forty-six people in attendance.
· “Bringing Economic Development to the Middle
East”
at Region 17 and West Texas Economic Education Center’s Making Sense of
a
World in Transition. June 17, 2003 in Lubbock, Texas.
Thirty-seven
people in attendance.
· “So You Want to Buy a Big Mac in Europe:
Exchange
Rates” at Region 17 and West Texas Economic Education Center’s Making
Sense
of a World in Transition. June 17, 2003 in Lubbock, Texas.
Thirty-seven
people in attendance.
· “E3: Economics, Electricity and the
Environment”
at the Region 16 Panhandle Area Social Studies Conference at WTAMU,
January
11, 2003.
· “Successful Teaching Strategies for High
School
Economics” at the Region 16 Panhandle Area Social Studies Conference at
WTAMU,
January 11, 2003.
2002:
· “What Makes the Stock Market Move?” at
Region
17 and West Texas Economic Education Center’s Crash Course in the Stock
Market
and Personal Finance. June 18, 2002 in Lubbock, Texas.
Eighty-four
people in attendance.
· “CD’s, Bonds, Mutual Funds and Other
Investments”
at Region 17 and West Texas Economic Education Center’s Crash Course in
the
Stock Market and Personal Finance. June 18, 2002 in Lubbock,
Texas.
· “E3: Economics, Electricity and the
Environment”:
From the lessons I developed via a grant from the Texas Council on
Economic
Education, the SIFE students in conjunction with the West Texas
Economic
Education Center and Region 16 presented three workshops to area Gifted
and
Talented Students. I prepared the SIFE students for presenting
the
lessons and assisted in running the workshops. The dates of the
workshops
were February 6, 2002, February 28, 2002, and March 5, 2002.
· "What Makes the Markets Move?" at Economics
Expo
2002 in San Antonio on February 25. Sponsored by the Texas
Council
on Economic Education and the Federal Reserve Bank of Dallas.
Two-hundred
faculty-teacher contacts.
· "E3, Economics, Electricity and the
Environment"
and "The Year the Lights Went Out in California" at Economics Expo 2002
in
San Antonio on February 25. Sponsored by the Texas Council on
Economic
Education and the Federal Reserve Bank of Dallas. Two-hundred
faculty-teacher
contacts.
2001:
· “Free Silver or a Cross of Gold?” at the
Federal
Reserve Bank of Boston Summer Program for Teachers. The teachers
received
college credit for the program. Over twenty contacts.
· “Free Silver or a Cross of Gold?” at Region
16
and West Texas Economic Education Center’s Strategies for Integrating
the
TEKS Economics Strand into History, Geography and Government
Classes.
Twenty-six contacts from 10 different school districts.
· “What Are Bonds?” at West Texas
Economic
Education Center and Region 16’s Summer Program on Economic and Finance
Education.
June 11, 2001. Over fifty contacts.
· “Mutual Funds and CD’s” at West Texas
Economic
Education Center and Region 16’s Summer Program on Economic and Finance
Education.
June 11, 2001. Over fifty contacts.
· “What Makes the Markets Move?” West Texas
Economic
Education Center and Region 16’s Summer Program on Economic and Finance
Education.
June 11, 2001. Over fifty contacts.
2000:
· “Free Silver or a Cross of Gold?” at
Financial
Literacy 2000: Understanding the World of Personal Finance at the
Federal
Reserve Bank of Dallas on November 14, 2000. Fifty-two
faculty-teacher
contacts.
· “Free Silver or a Cross of Gold?” at Region
15
Educational Service Center in San Angelo’s Secondary Economics: An
Across
the Curriculum Approach on June 19, 2000. Sixteen faculty-teacher
contacts.
· "Teaching About the Fed and Interest Rates"
at
West Texas Economic Education Center’s International Economics and
Other
Hot Topics on June 13, 2000. Eighteen faculty-teacher contacts.
· “Free Silver or a Cross of Gold?” at the
Annual
Curriculum Conference sponsored by the Texas Council on Economic
Education
and The Federal Reserve Bank of Dallas in San Antonio on March 30,
2000.
One hundred and ninety faculty-teacher contacts.
· "Economics and Post Reconstruction U.S.
History"
at the Annual Curriculum Conference sponsored by the Texas Council on
Economic
Education and The Federal Reserve Bank of Dallas in San Antonio on
March
30, 2000. One hundred and ninety faculty-teacher contacts.
1999:
· “Free Silver or a Cross of Gold?” at Region
17
Educational Service Center in Lubbock on July 16, 1999.
Forty-three
faculty-teacher contacts.
· “Alan Greenspan’s Game Plan for the Economy:
Teaching
about the Fed” at Region 17 Educational Service Center in Lubbock on
July
16, 1999. Forty-three faculty-teacher contacts.
· “How Was the Federal Reserve Used to Solve
the
Problem of Financial Panics?” at Region 16 Educational Service Center
in
Amarillo on June 9, 1999. Twelve faculty-teacher contacts.
· “Free Silver or a Cross of Gold?” at Region
16
Educational Service Center in Amarillo on June 9, 1999. Twelve
faculty-teacher
contacts.
· “The Economy Circle” at Sports, the Stock
Market,
& the Russian Economy: What Do These Have in Common? at Region 16
Educational
Service Center in Amarillo on February 15, 1999. Eighteen
faculty-teacher
contacts.
Professional
Honors and Awards
2004: West Texas A&M University Teaching Excellence Award
2004: Research Enhancement Grant: First Funding: Determinants of
Initial
Venture Capital Investment
2004: Faculty Development Summer Grant: New York Stock Exchange
2003-2004: Outstanding Professor in the College of Business by the
Scribes
Chapter of Mortar Board.
2004: Distinguished Research Award for Outstanding Paper in Economics
for
“Technology: Connecting the Macro with the Micro.” Recognized by
Allied
Academies Organization in conjunction with the Academy of Economics and
Economic
Education.
2003: Recognized by the Student-Athlete Advisory Board.
2002-2003 Outstanding Professor in the College of Business by the
Scribes Chapter of Mortar Board.
2002 Allied Academies Distinguished Research Award for
“Service-Learning and Entrepreneurship: Students Teaching Students”
with Jean Walker.
2001 Distinguished Research Award for Outstanding Paper in
International Business for "Speculative Returns in the Neuer Market"
with Neil Terry. Recognized by Allied Academies Organization in
conjunction with the Academy for Studies in International Business.
2000 Faculty Development Summer Grant
1998-1999 Outstanding Professor in the College of Business.
Recognized by the West Texas A&M University chapter of Mortar
Board.
1999 Distinguished Research Award for Outstanding Paper in Economics
for "Integrating Financial Economics into the High School Curriculum"
with Jean Walker. Recognized by Allied Academies Organization in
conjunction with the Academy of Economics and Economic Education.
1995 Weisen Economics Award for Outstanding Academic
Achievement. Recognized by Texas Tech University Department of
Economics.
Memberships
Professional
Academy of Accounting and Financial Studies
Academy for Economics and Economic Education
Academy of Economics and Finance
American Economics Association
American Finance Association
Association for Social Economics
Institute for Finance Case Research
National Business Education Association
Omicron Delta Epsilon (Economics honor society)
Southwestern Economics Association
Southwestern Society of Economists
Academic
Phi Beta Kappa
Phi Kappa Phi
Omicron Delta Kappa
Mortar Board
Alpha Lambda Delta
Pictures
Vancouver - MBA program
1.
Taiwanese Canadian Cultural Society
2.
Dr. Terry's Class in Vancouver
3.
Vancouver and Victoria Gardens
4.
Vancouver Coastline
5. Lang
Ren and Dr. Terry at Palo Duro Canyon
Investment
Series
My
Garden
Snoopy
Last updated 2-24-2006