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Department of Economics

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Department of Economics

Department Events

Check out what our professors are doing and what upcoming events we're offering!

DEPARTMENT SEMINARS

Throughout the year, our department offers seminars at 4:00 pm on Fridays. These seminars feature guest lectures, faculty and our students. Please come back to view our updated schedule.

Department News

August 2017: Henning Schwardt, Visiting Teaching Assistant Professor for the Department of Economics published his book, "The Path to a Modern Economics: Dealing with the Complexity of Economics Systems." This book illustrates how the treatment of complexity in analytical frameworks shapes economic studies. It explores the ways economists make sense of our economic environment and where their differences in interpretations of economic issues and policy proposals are rooted. Taking a theoretical approach and addressing different analytical frameworks, a basic distinction is introduced between top-down approaches, where assumptions about the economic environment are formulated at the outset; and bottom-up approaches, where an economic environment emerges from the interactions of the individual agents. Economic developments and changes in the role of the public sector serve to illustrate how analytical frameworks based on differing treatments of the complexity of the economic environment shape the interpretation of economic issues. Recognizing the validity of alternate perspectives on economic issues, a stronger foundation for economic research and policy can be formulated.