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Economics

Welcome to the Department of Economics

Economics Faculty on the rooftop of their home, Cavanaugh Hall

Spotlight

IUPUI Economics Hosted Midwest Health Economics Conference, May 10-12th, 2012.

The Center for Health Economics Research and the School of Liberal Arts’ Department of Economics at Indiana University-Purdue University Indianapolis hosted the Third Annual Midwest Health Economics Conference on Thursday, May 10, and Friday, May 11. The conference included presentations and discussion of the latest health economics research.

Researchers from the following institutions contributed papers: Dartmouth University, Ingenix Consulting, Indiana University (Bloomington), IUPUI, Northwestern University, Rand, Yale University, University of Chicago, University of Illinois, University of Michigan, University of Minnesota, University of Toronto, University of Wisconsin.

Sessions Included:

  • Effects of Expanding Publicly Funded Health Insurance Coverage
  • Prescription Drug Regulations Effects on Utilization and Unintended Consequences
  • Issues in Measurement and Reporting
  • Hospitals: Capacity and Utilization
  • Employment Health Insurance and Employment Outcomes

Economists attended from as far away as Germany and as close as Ball State.

Support was provided by the IUPUI Conference Fund (Office of Academic Affairs), the IU School of Liberal Arts at IUPUI and the IUPUI Department of Economics.

Featured in Inside Indiana Business with Gerry Dick


Faculty Searches

The department continues its search for an experienced health economist. Contact Anne Royalty royalty@iupui.edu for further information. 

Yi Gang, Deputy Governor of People’s Bank of China, Receives Honorary Degree and Delivers Public Lecture.

Paul Carlin, Economics Department Chair, joined William Blomquist, Dean of the School of Liberal Arts, and Charles Bantz, IUPUI Chancellor, in welcoming Dr. Yi Gang, Professor of Economics at Peking University, and Deputy Governor of the People’s Bank of China back to IUPUI to receive an honorary degree. When he was here, he used the western order for names and was known as Professor Gang Yi. He taught statistics (E270) to more than 1200 IUPUI students from 1986 to 1994, authored several economics research articles and published a book titled, Money, Banking and Financial Markets in China. 

He has been Deputy Governor of the People’s Bank of China since 2007 and since 2009 he has also been the Director of the State Administration of Foreign Exchange. In that capacity he is responsible for investing the more than $2.5 trillion of foreign currency held by China.

Indiana University President, Michael McRobbie, presented Dr. Yi with an Honorary Indiana University Doctor of Letters degree on Wednesday, April 18th and the ceremony was followed by a lecture Dr. Yi presented on the macroeconomy of China and the convergence of the exchange rate to equilibrium.

Left to right: Dr. Gang, Chancellor Bantz, Dr. Carlin, Dean Blomquist
Click here for more pictures

The Department Economics congratuates three Economic students, Daniel Murphy, Benjamin Roberts and Alexander Stufflebeam upon receiving IUPUI top 100 Honors at the recent 13th Annual IUPUI Top 100 Outstanding Students Recognition Dinner.

Left to right: Daniel Murphy, Dr. Archana Dube (advisor), Benjamin Roberts, Alexander Stufflebeam. 

Congratulations Archana Dube! Mrs. Dube, Econs undergraduate advisor, has been selected as the IUPUI Faculty Advisor of the Year!

2011 Recipients of Department and campus Awards at IUPUI

The economics department would like to congratulate the recipients of university and departmental awards for 2011.  Our students are doing an amazing job not only in their academic area but are also actively involved in civic engagement and community services.  It is really an honor to be winners of these awards. Keep up the good work!

Econ Departmental Awards Please click here for full details. 

Robert Kirk Award: Chris Henderson
The Junior Achievement Award: Travis Mobley
The Senior Achievement Award: Lucas Wolf

University Awards
Jessica Sacks: Civic Engagement Plater Medallion
Daniel Murphy: TOP 100 recipient and Anna Suter Scholarship Award


A second edition of Games and Decision Making, by Professor Subir Chakrabarti, was recently published by Oxford University Pess, New York.

Economics major Jessica Sacks is one of twenty-two Liberal Arts majors newly appointed as Student Ambassadors for 2010-2011. The students will represent the School at special events and functions and participate in student recruitment efforts as well as alumni and donor relations. Applicants for the program, now in its fourth year, must be nominated by a faculty or staff member, complete an application, and participate in an interview before being appointed by the dean.

Assistant Professor Jaesoo Kim attended the 9th Annual Duke-Northwestern-Texas IO Conference, November 20-21 where he presented Reverse Price Discrimination with Bayesian Buyers coauthored with Se Hoon Bang and Young-Ro Yoon

In July of this year Professor Mark Wilhelm presented Making complex data easier to use: The PSID Journal and graduate education at the National Science Foundation’s meeting on "Future Investments in Large-Scale Survey Data Access & Dissemination - ANES, GSS, and PSID"

Professor Jisong Wu attended the 2010 World Congress of the Econometric Society from August 17-21 in Shanghai, China and presented his working paper, Simple Estimators of Switching Regimes Models with Normal Mean-Variance Mixture Copulas and Average Treatment Effects, coauthored with Yangin Fan.

Professor Martin Spechler attended the Central Eurasian Studies Society Conference on October 28-30 at Michigan State University in East Lansing, MI. He presented his paper, The Foreign Policy of Uzbekistan and served both as a discussant and session chair.

Professor Richard Steinberg and Assistant Professor Ye Zhang will be attending the Association for Research on Nonprofit Organizations and Voluntary Action (ARNOVA) conference November 17-20 in Alexandria, Virginia.  Dr. Steinberg will present his paper, What Should Social Investors Invest in, and With Whom?

Graduate Programs in Economics at IUPUI

Economics Seminar Schedule