Economics is the study of choice. In a world with scarce resources (such as raw materials, labor, time), economists study how people choose to use those resources to make people as well-off as possible. The economics curriculum stresses both theory and application of important economic issues in society, such as unemployment, inflation, exchange rates, labor markets, economic development, environmental policies, and international trade and finance.

The Department of Economics in the College of Letters and Science offers a wide variety of courses in economic theory, policy, and statistics.

Programs

Economics Courses

NameRankDegreeSchoolGraduate FacultyEmeritus Faculty
Scott Adams Professor, Chair PhD Michigan State University Yes No
Swarnjit S. Arora Professor Emeritus PhD State University of New York at Buffalo No Yes
Mohsen Bahmani-Oskoee Distinguished Wilmeth Professor PhD Michigan State University Yes No
Niloy Bose Professor PhD Virginia Tech Yes No
Avik Chakrabarti Associate Professor PhD University of Michigan Yes No
Susan Donohue Davies Adjunct Assistant Professor PhD University of Wisconsin-Milwaukee No No
Scott Drewianka Associate Professor PhD University of Chicago Yes No
John S. Heywood Distinguished Professor PhD University of Michigan Yes No
William L. Holahan Professor Emeritus PhD No Yes
Sunwoong Kim Professor PhD Massachusetts Institute of Technology Yes No
N. Kundan Kishor Associate Professor PhD University of Washington Yes No
Itziar Lazkano Assistant Professor PhD University of Calgary Yes No
Tong Hun Lee Professor PhD No Yes
Vivian Lei Associate Professor PhD Purdue University Yes No
Markos J. Mamalakis Professor Emeritus PhD No Yes
Matthew McGinty Associate Professor PhD University of California, Santa Cruz Yes No
G. Richard Meadows Professor Emeritus PhD No Yes
Hamid Mohtadi Professor PhD University of Michigan Yes No
Antu P. Murshid Associate Professor PhD Rutgers University Yes No
Rebecca Neumann Associate Professor PhD University of Colorado Yes No
Yoshio Niho Professor Emeritus PhD No Yes
James A. Peoples Professor PhD University of California, Berkeley Yes No
Eric Schenker Professor PhD No Yes
Filip Vesely Associate Professor PhD Purdue University Yes No