Welcome to the Department of Economics

  • 2018 Comps Distinction in Economics Students

    2018 Comps Distinction Students

    Sarah Waldfogel, Andrew Ruvkun, Tory Peterson, Chenoa Schatzki-McClain, Avi Moorthy, Max Foster and David McKinley Comps Faculty Advisors Jonathan Lafky, Jenny Bourne and Nathan Grawe (not pictured-Laura Rafferty and Nathan Gibes)
  • Robert Will Prize in Economics students

    2018 Robert Will Economics Prize Recipients David McKinley and Sarah Waldfogel with Robert Will

  • Women in Economics Leadership

    Women in Economics Leadership Gathering

  • 2018 Comps Paper Celebration

    2018 Celebration of Comps Paper Completion!

  • Bangladesh group 2017

    Bangladesh Off-Campus Studies Program, Winter Break 2017

    Bangladesh Group visiting the Yunus Center
  • Econ Dept Nov 2017

    Economics Department Faculty & Staff - Nov 2017

  • 2016 Cambridge students

    Cambridge Students

    Led by Professor Martha Paas

Economics provides a coherent method of analyzing the distribution and growth of scarce human and material resources. Applying economic principles can lead to outcomes that benefit all of society. Using resources in more intelligent ways increases the likelihood of alleviating poverty, mitigating environmental degradation, and providing for future generations.

Faculty members in our department work together with students to develop a common theoretical core and then apply these principles to a wide variety of topics. In evaluating alternative policies to achieve various objectives, we cast a critical eye at the objectives and the assumptions of the models. When possible, we put theoretical models to empirical scrutiny.

Faculty members vary in age, background, experience, and personality, but we are united chiefly in our commitment to teach well and to convey to our students the excitement and immense value of studying economics. We also seek to apply the training we received in leading graduate programs and in subsequent research activities to the problems facing a variety of economies. We have received grants for special studies from foundations, we have published articles in leading economics journals, and we have authored books. Our research has been conducted in the United States, Europe, Bangladesh, Russia and Sri Lanka.