American University Catalog 2020-2021 [ARCHIVED CATALOG]
Economics
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Administration
Chair Walter G. Park
Full-Time Faculty
Professor R.A. Blecker, I.E. Broder, R. Feinberg, M. Floro, A. Golan, M. Hansen, T. Husted, A. Isaac, M. Meurs, W. Park, K. Reynolds, J. Willoughby, J.D. Wisman
Associate Professor C. Callahan, B. Gershman, N. Radchenko, X. Sheng, P. Sullivan, M. Yesuf
Assistant Professor S. Bahk, I. Gonzalez Garcia, B. Gunter, K. Jones, G. Lane, G. Mathy, A. Mohseni-Cheraghlou, J. Montecino, R. Sonenshine
Economist in Residence E. Kraft, L. Sawers
Professorial Lecturer W. Hambley, D. Lin
Emeriti Faculty
Professor Emeritus/a W.D. Bowles, T.F. Dernburg, R. Hahnel, R.I. Lerman, P.C. Thanh, H.M. Wachtel
Department Overview
The Department of Economics at American University prepares graduates to find answers to the important economic questions that face our global society, understanding economic problems in their domestic and international contexts. The university’s location in Washington, DC assists students and graduates in obtaining employment and internships in leading economic institutions, including the World Bank, the International Monetary Fund, research institutes, and the treasury, labor, and commerce departments.
The Department of Economics embraces a pluralistic approach to economics that includes neoclassical, Keynesian, and institutional economics as well as political economy. International economic issues are emphasized, as are such socially-important topics as the economic analysis of gender and studies of economic growth and income distribution. The study of economic history, the history of economic thought, and alternative economic methodologies alert students to divergent perspectives in economics and to the role of institutions in economic outcomes.
Economics programs are designed to allow students the flexibility of a double major with other departments in the College of Arts and Sciences or with programs in other schools within AU. Within the Economics (BA) students choose the general or international track. Students in the Economics (BS) program gain the analytic and quantitative skills necessary for research positions and Master’s level study in Economics. The Mathematics and Economics (BS) prepares students for a broad range of experiences including PhD level work in economics.
The Economics (MA) offers an applied economics track as well as tracks in development economics, financial economics, and gender analysis in economics. An online track in applied economics is also available. The Economics (PhD) offers a choice of theory tracks in microeconomics, macroeconomics, and heterodox economics, as well as a range of applied fields. For more information on these programs, please contact the Economics Department at econ@american.edu.
Study Abroad
American University’s AU Abroad program offers study abroad programs in which students take courses, participate in internships, and interact with public officials and political leaders. Students wishing to use courses from study abroad programs to count as their capstone must obtain approval of the undergraduate advisor.
Honor Society
A chapter of Omicron Delta Epsilon, the economics honor society, is active on campus. Membership requires an overall grade point average of 3.25 and a grade point average of 3.50 in economics courses. Consult the undergraduate advisor for further eligibility requirements.
Special Opportunities
Several student prizes are awarded usually each spring:
The Robert T. Adams Scholarship in support of an outstanding student majoring in Economics with demonstrated financial need
The Simon Naidel Prize for the best performance on a comprehensive examination in economic theory
The Cary and Rick Barnett Award supporting an outstanding undergraduate majoring in economics
The Frank Tamagna Prize for excellence in international finance and monetary economics
The Ruth Dewey Meade Prize for Outstanding Undergraduate Research
The José Epstein Prize in Development Economics
The James Weaver Prize for Excellence in Teaching
Honors in Economics
The Honors in Economics program provides several opportunities for outstanding students to engage in economic research with the department faculty.
ProgramsMajor Program (UG)Minor (UG)Master’s Program (GR)Certificate (GR)Doctoral Program (GR)
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