YU -AlKhobar

Dr. Eisa Aleisa, Ph.D.

Assistant Professor of Economics

Dr. Aleisa is the Chairman of the Quantitative Department in the College of Business Administration (COBA) at Al Yamamah University (YU.  He is the chairman of the committee of the restructuring of the undergraduate programs. He is a member of several YU committees, such as College of Business Council, among others. Furthermore, Dr. Aleisa also is an assistant professor of Economics and Finance at the College of Business. Some of his responsibilities as Chairman of Quantitative Department includes, represent the department in the college council meetings, oversee the implementation of the plans approved curriculum and ensure that faculty members abide by the approved curriculum, propose plans and programs that would develop the academic performance of department, meet with faculty members to identify their needs and difficulties they face through their work and listen to their suggestions and opinions about the department’s performance, and participate in the selection and nomination of faculty members including part-time (non-permanent) staff.

Before joining AlYamamah University. Dr. Aleisa has been working for the International Monetary Fund (IMF) as a senior economist at the Middle East and Central Asia Department (MCD).  He was a member of a team who goes on missions to member countries to assess the overall of the state of the member country’s economy and produce a note to the authorities highlighting the state of the economy with recommendations and also produce a report called Article VI consultation, presented, discussed and approves by the Board of the IMF.

Previously, Dr. Aleisa was an adviser at the Saudi Arabian Monetary Agency (SAMA) where he was a member of several committees in Saudi Arabia and international organizations such as World Trade Organization (WTO) and Bank for International Settlements (BIS) among others; representing Saudi Arabia and SAMA. For instance, he was member of Saudi Arabia technical team for trade in services. Member of the negotiating team for Gulf Cooperative Council (GCC) Free Trade Agreement (FTAs) with countries and economic blocs.  Member of the committee in charge of the preparation for Trade Policy Review of Saudi Arabia.  In SAMA, also part of his responsibility was to produce notes to the higher management and engaged in the related Central Bank activities.

Dr. Aleisa attended conferences, and published research papers in a high ranking journals, such as Journal of International Review of Economics and Finance, Journal of Contemporary Economic Policy, and Journal of Economics and Finance, among others.

Dr. Aleisa received his MS and PhD in Economics from Southern Illinois University at Carbondale, and MPA and a B.S. in Computer Information systems (CIS) from Arkansas State University in Jonesboro.

Selected Refereed Journal Articles

  1. Aleisa, E. A manuscript titled Synchronization of Economic Shocks between the GCC and the U.S., Europe, Japan and Oil Market (2012). Synchronization of Economic Shocks between the GCC and the U.S., Europe, Japan and Oil Market and Choice of Exchange Regime, Contemporary Economic Policy, November 2012, 30 (4), 584-602, (with W. Joong Kim and S. Hammoudeh).
  2. Aleisa, E. (2007). A Common Currency Pig in the GCC Area: The Optimal Choice of Exchange Rate Regime Topics in Middle Eastern and North African Economies. Vol. IX, 9, 2007, (with S. Hammoudeh),
  3. Aleisa, E. (2004). Dynamic Relationships among GCC Stock Markets and NYMEX Oil Futures,” Journal of contemporary Economic Policy, 22 (2): 250-269. (with S. Hammoudeh).
  4. Aleisa, E. (2004). Relationships among U.S. Oil Prices and Oil Industry Equity Indices, Journal of International Review of Economics and Finance, Spring, 13 (4), 427-453. (with S. Hammoudeh and S. Dibooglu),
  5. Aleisa, E. (2004). Oil Prices, Terms of Trade Shocks, and Macroeconomic Fluctuations in Saudi Arabia, Journal of Contemporary Economic Policy, 22 (1): 50-62. ,” (with S. Dibooglu).
  6. Aleisa, E. (2004). The Dynamic Linkage of the GCC Stock Markets, Journal of Contemporary Economic Policy, 22(1), 50-62. , (with S. Hammoudeh).
  7. Aleisa, E. (2002). Source of Real Exchange Rate Movements in Saudi Arabia, Journal of Economics and Finance. 26(1), 101-110. (with S. Dibooglu).
  8. Aleisa, E. (2002). Relationship Between Spot/Futures Prices of Crude Oil, and Equity Indices for Oil Producing Economies and Oil Industries, Arab Economic Journal, Volume 11(27), 37-62. (with S. Hammoudeh).

Research Interests

  • International economics
  • Macro-monetary economics.
  • Financial economics
  • Financial markets
  • Regional economics

Work in Progress

  • “Uniting Currencies and Developing the Bond Market in the GCC Area”.
  • “Oil Prices, Stock Market Returns and Volatility Spillovers: Evidence from Saudi Arabia”.
  • “Measuring financial stress in Saudi Arabia”.
  • “Monetary Union in the GCC Area: An Assessment of Sources of Macroeconomic Fluctuations”.

Conference Proceeding Articles

  1. Aleisa, E. Monetary Union in the GCC Area: An Assessment of the Sources of Macroeconomic Fluctuations. June 2005, Bank for International Settlements, Basel, Switzerland, May 2005, Bank for International Settlements, Basel, Switzerland.
  2. External and Regional Shocks in the GCC regions: Implications for a common Exchange Rate regime
  3. Aleisa, E. Sources of Macroeconomic Fluctuations in the GCC Area: Implication for an Optimum Currency Area, International Conference on Practical Measures to Establish A Common Market Between Muslim Countries, Doha, May 13-15, 2002,
  4. Aleisa, E. Sources of Business Cycle Fluctuation in Saudi Arabia, July 2001, Western Economic Association International meeting, San Francisco.
  5. Aleisa, E. Oil Price Shocks and World Inflation: The Role of Saudi Arabia July 2001, Western Economic Association International meeting, San Francisco.

Current Teaching

  • Managerial Economics For MBA
  • Introduction to Economics for MBA (foundation)
  • Principles of Microeconomics
  • Principles of Macroeconomics

Graduate Teaching

  • Managerial Economics
  • Introduction to Economics for MBA (foundation)

Undergraduate Teaching

  • Principles of Macroeconomics
  • Principles of Macroeconomics
  • Money, Banking and Financial Institutions
  • International Finance
  • Introduction to Finance
  • Financial Management
  • Business in Saudi Arabia
  • Economy of Saudi Arabia

Service and Administrative Experience

  • The Chairman of quantitative department, September 2016 to August 2019
  • Chairman or member of the following committees:
  1. Member of the College of Business Council
  2. Member of academic accreditation committee.
  3. Member of curriculum committee.
  4. Chairman of student advising committee.
  5. Member of strategic plan committee.
  6. Chairman of senior project committee.
  7. Member of examination committee.
  8. Member of faculty selection committee.
  9. Academic & Professional Engagement Committee of the AACSB International Accreditation.

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