Welcome

Welcome to the Department of Economics at Iowa State University. We provide the intellectual home to a set of dedicated and talented faculty, motivated and extremely capable staff, and a diverse group of enthusiastic undergraduate and graduate students. Our undergraduate programs strive to train students to think independently and objectively about the inherent economic nature of many of the world’s problems, from basic decisions facing businesses and individuals, to the performance of the macroeconomic system, to global resource utilization issues. Our graduate programs emphasize rigorous analysis and advance training in economic theory, econometrics and several traditional and novel applied fields of inquiry. Research programs are targeted to a number of local, national and international problems and cover a broad spectrum, ranging from theoretical disciplinary perspectives to applied economic and policy analyses, as well as contributing to exciting multidisciplinary efforts. Our engagement with Iowa’s economy and community is rooted in our extension programs, and also benefits from our faculty’s participation in a number of affiliated Centers.

Heady Hall

Heady Hall
home of Economics at ISU

What is Economics?

Economics is the study of what individuals, institutions, and economic systems do, or should do, as they deal with the problem of satisfying virtually unlimited wants with scarce resources. Economics deals with choices and optimization, typically embedded in a market system where the notion of equilibrium is essential and where prices play a crucial role. Economics provides a logical and ordered way of looking at a wide variety of issues, and the principles of economics are finding growing applicability in a number of fields. An  understanding of economic concepts can provide substantial personal and social benefits.

Upcoming Seminars

  • Dan Silverman (University of Michigan), Department Seminar, Mon, Mar 22, 2010 4:10 pm - 5:10 pm, 368A Heady Hall
  • Subhra Bhattacharjee (ISU), Environmental and Resources Workshop, Wed, Mar 24, 2010 12:00 pm - 1:30 pm, 468D Heady Hall
  • Larry Jones (University of Minnesota), Department Seminar, Fri, Mar 26, 2010 3:40 pm - 5:30 pm, 368A Heady Hall
  • Maureen Cropper (University of Maryland), Department Seminar, Mon, Mar 29, 2010 4:10 pm - 5:30 pm, 368A Heady Hall
  • Charles Noussair (Tilburg University), Department Seminar, Tue, Mar 30, 2010 3:40 pm - 5:30 pm, 368A Heady Hall

Announcements

Weekly Announcements for faculty, staff, and students.