Department Overview
Over the last ten years, through the recruitment of a number of distinguished senior and junior faculties, the Department of Economics has grown into one of the leading economics departments in the world.
Strengths in the department include development economics, game theory, health economics, industrial organization, international trade and finance, labor economics, macroeconomics, microeconomic theory, public enterprise, regulation, and public finance. While the faculty work in a diverse set of fields, a common characteristic of their research is the application of frontier theoretical and quantitative tools to the analysis of important practical issues.
A distinguishing feature of the Department of Economics is its international character. Two-thirds of our graduate students and one-third of the faculty come from outside the United States, and about half the faculty have worked on African, Asian, and Latin American economic issues.
The department maintains a library of economics journals and working papers that are available to faculty and students. It runs active research seminars in development), microeconomics, applied microeconomics, econometrics, and macroeconomics, and it cosponsors a research seminar on health economics.
Graduates of the Department of Economics have unique skills that distinguish them from other graduates. They have the ability to think and reason clearly, and can address complex issues using tools and decision making models of economics, mathematics, statistics, as well as concepts from the biological, physical, and social sciences. Graduates develop human relations skills that are essential in the work place and the community. They are able to communicate economic and business concepts to other professionals, collective organizations, governments, and the general public using a variety of means. Graduates understand the interaction of technology, human activity, and the environment. They are able to apply concepts associated with making “optimal” choices among economic alternatives. Graduates are prepared for graduate work in law, economics, and business, as well as the world of work, having learned tools of critical analysis and skills essential to getting and keeping meaningful employment.