Associate Professor of Economics

Professor Schmidt is a native of New York state. He was born in Freeport, L.I., but grew up in Tuckahoe and Bronxville in Westchester County. He was a 1964 magna cum laude graduate of Iona College in New Rochelle, New York, and came to Randolph-Macon in the fall of 1967 after earning a master's degree from the University of Maryland.

Over the years Mr. Schmidt has worked for R. H. Macy's, IBM, University of Richmond, the College of William and Mary, the University of Virginia (School of Continuing Education), and the International Baccalaureate. In addition, he wrote and taught a ten-part television series for Central Virginia Educational Television (WCVE) entitled "Economic Issues in American History."

Professor Schmidt was appointed chair of the Department of Economics and Business from 1980 to 1984. As one of the original "Salem 22," he was a founding member of the Virginia Association of Economists, has been elected to its Board of Directors, and is currently serving as its Publication Editor. He has also served on a number of college committees including the President's Advisory Council, Resources and Plans, Scholarships and Financial Aid, CASE, Oral Communication Council, Athletic Council, Environmental Health and Safety, Appeals Board, ACASS and the Executive Committee of the Faculty.

Mr. Schmidt's research interests include the economics of deposit insurance and banking regulation and reform. Over the years he has taught courses in Statistics, European and U.S. Economic History, Public Finance, Corporate Finance, Consumer Finance, Microeconomics, Macroeconomics, Economics and Business Internships, and Money and Banking.

In his spare time he can be found on the links, on the basketball or volleyball court, or on the softball diamond. And although he has produced a number of papers on economic topics, his (and Ellen's) greatest contributions to society are, from left to right, Karin, Mark, Kristin and Gregory.

Published by: Edward J. Schmidt
Revision Date: 9/15/96
Send mail to: eschmidt@rmc.edu