Welcome to the Department of Economics


Soltas, EvanEconomics undergraduate student Evan Soltas awarded Rhodes Scholarships
Evan Soltas was among four Princeton students to be awarded a Rhodes Scholarship for graduate study at the University of Oxford. More>>
HeckmanJames Heckman *71 to receive top alumni award
James Heckman, who earned a Ph.D. in economics from Princeton in 1971, will receive the James Madison Medal. More>>
DeatonAngus Deaton receives Nobel Prize in economics
Princeton University professor Angus Deaton has been awarded the 2015 Nobel Prize in economics for his contributions to understanding consumption at the individual level and in aggregate. More>>
RogersonRichard Rogerson is the recipient of the 8th R.K. Cho Economics Prize
The Prize is meant for those who have made outstanding achievements in research in the area of Economics. A previous recipient of this award was Princeton University's Hyun Song Shin. More>>

Professor Gene Grossman presented Onassis Prize September 14th 2015

The 2015 Onassis Prizes, awarded to the world’s foremost academics in the fields of finance, international trade and shipping, were presented at the Guildhall in the City of London on Monday 14th September 2015.  More>>


Charles Beach *72 is the President of the Canadian Economics Association for 2015-2016

Janeway gift establishes fund to deepen connections between study of finance, other fields of economics
A $5.6 million gift from investor William H. Janeway, a member of Princeton's Class of 1965, has established a fund that will support collaborative teaching and research in finance and other fields of economics at Princeton University. More>>

Graduate alumnus Diane Whitmore Schanzenbach (*02) appointed new director of the Hamilton Project at Brookings
Diane Whitmore Schanzenbach of Northwestern University has been appointed to succeed Melissa Kearney as director of The Hamilton Project, an economic policy initiative at the Brookings Institution. Schanzenbach will also join the Economic Studies program as a senior fellow. More>>



Graduate alumnus (*15) Michael Sockin received The USC Marshall School of Business Trefftzs Award for the Best Student Paper
Michael was awarded in the 2015 Western Finance Association Meetings for his paper, "Not so Great Expectations: A Model of Growth and Informational Frictions.”


Benjamin Moll awarded the 2015 European Investment Bank Prize
Benjamin Moll, an assistant professor of economics and international affairs, has been awarded the 2015 European Investment Bank Prize for excellence in economic and social research. More>>



Graduate alumni Anne Piehl (*94) winner of the Rutgers College Class of 1962 Presidential Public Service Award
The Rutgers College Class of 1962 Presidential Public Service Award honors members of the faculty, student body, or staff for volunteer service to government, professional and scholarly organizations, or the public. More>>



Trustees name three new chairs in Economics
Richard Rogerson has been named the Charles and Marie Robertson Professor of Public and International Affairs.
Mark Aguiar has been named the Walker Professor of Economics and International Finance.
Mikhail Golosov has been named the Chemical Bank Chairman's Professor of Economics.
All three chairs will be effective July 1st.

Quandt winners 2015

Elizabeth Bogan and Ilyana Kuziemko awarded The Quandt Prize
The Quandt Prize is awarded annually to outstanding undergraduate teachers of Economics.  The prize is named after Richard Quandt, who was on the Princeton faculty from 1956 to 1995, was twice chairman of the department, and who is now an emeritus professor and senior adviser to the Andrew Mellon Foundation.  The winners are chosen by the students each year. 



Harvey Rosen to receive Phi Beta Kappa teaching award
The Princeton University chapter of Phi Beta Kappa will give its annual awards for excellence in undergraduate teaching to Melissa Lane, the Class of 1943 Professor of Politics, and Harvey Rosen, the John L. Weinberg Professor of Economics and Business Policy.  Senior Alexander Sappington cited numerous examples of Rosen's "extraordinary" dedication and individualized attention as reasons for his selection.  "Whether you are the president of the United States or just an overeager freshman, Professor Rosen will treat you with the same patience and respect."   More>>


Princeton saddened over deaths of John and Alicia Nash
The University community is "stunned and saddened" upon hearing news reports that Princeton mathematician John Nash and his wife, Alicia, were killed in a traffic accident.  Nash won the Nobel Prize in economics in 1994 for his work in game theory.  More>>

John Nash was honored at a conference hosted by the Economics Department for his 80th birthday in 2008.  More>> 

More recently John Nash was acknowledged at a Griswold Center symposium dinner and other Griswold Center events.  More>>


Ph.D. student Alexander Rodnyansky honored for Graduate School's annual Teaching Awards
The Graduate School has honored seven graduate students for its annual Teaching Awards in recognition of their outstanding abilities as teachers. More>>


Department Chair Janet Currie is a recipient of this year's Graduate Mentoring Award
Four Princeton University faculty members have been named recipients of the Graduate Mentoring Awards by the McGraw Center for Teaching and Learning and will be honored during the Graduate School's Hooding ceremony Monday, June 1, on Cannon Green. More>>


Deaton Elected to National Academy of Sciences
Angus Deaton, the Dwight D. Eisenhower Professor of International Affairs and a professor of economics and international affairs, has been elected a member of the National Academy of Sciences. More>>


Robert LaLonde

Chicago Federal Reserve to host Festschrift in honor of graduate alumnus Robert Lalonde (*85)

The Chicago Federal Reserve to host a Festschrift in honor of graduate alumnus Robert Lalonde (*85) April 17-18.  Bob Lalonde has been instrumental in popularizing the use of real world experimental methods to evaluate social programs.  A full program for the Festschrift is available here:  More>>


Graduate Alumni Jan Svejnar (*79) has been awarded the IZA prize in Labor Economics

The 2015 IZA Prize in Labor Economics goes to Czech-born economist Jan Svejnar, the James T. Shotwell Professor of Global Political Economy and Director of the Center on Global Economic Governance at Columbia University’s School of International and Public Affairs, New York.  More>>



Professor Gene Grossman has received the 2015 Onassis Prize for International Trade

Professor Gene Grossman has received the 2015 Onassis Prize for International Trade in recognition of his outstanding contributions to strategic trade policy, environmental economics and the economics of offshoring. Professor Grossman is widely acclaimed for his research on international competitiveness in research-intensive industries and has won numerous professional awards including the Bernard-Harms Prize from the Kiel InstituteMore>>




$10 Million from Alumnus Establishes Louis A. Simpson Center for the Study of Macroeconomics at Princeton
A $10 million gift from Louis Simpson, an alumnus of Princeton’s Graduate School, has established the Louis A. Simpson Center for the Study of Macroeconomics in the University’s Department of Economics. More>>





Oleg Itskhoki and Greg Kaplan recipients of 2015 Alfred P. Sloan Young Investigators Award






Article by Matthew Parker posted on the U.S. Department of Labor Blog
"How Far Can Job Corps Take You? 4,318 Miles"







Nobuhiro Kiyotaki awarded the 2014 Banque de France-Toulouse School of Economics Senior Prize in Monetary Economics and Finance
The Biennial Senior Prize distinguishes academic researchers who have developed central concepts to improve understanding of Monetary Economics and Finance. More>>





Yuliy Sannikov selected as 2015 Fischer Black Prize winner

The American Finance Association’s Fischer Black Prize Committee has selected Professor Yuliy Sannikov of Princeton University as the recipient of the 2015 Fischer Black Prize. The prize is awarded to the person under 40 whose work best exemplifies the Fischer Black hallmark of developing original research that is relevant to finance practice. More>>




Former Princeton Economics Ph.D. student Thomas Laubach appointed as director of the Division of Monetary Affairs

The Federal Reserve Board on Tuesday announced the appointment of Thomas Laubach as director of the Division of Monetary Affairs, effective January 11, 2015. More>>




Avinash Dixit and Atif Mian listed on Financial Times Best books of 2014

Microeconomics: A Very Short Introduction, by Avinash Dixit
Dixit demonstrates in this accessible book that economists do at least know a great deal more than nothing about microeconomics.  More>>

House of Debt, by Atif Mian and Amir Sufi
Professors Mian and Sufi argue that “economic disasters are almost always preceded by a large increase in household debt”.  More>>



Five Princeton undergraduates placed second at the national finals of the College Fed Challenge, an annual monetary-policy competition hosted by the Board of Governors of the Federal Reserve System
The students, Joseph Atlas '16, Ararat Gocmen '17, David Perlman '16, James Siderius '16, and Evan Soltas '16, also won the regional qualifying round for the Federal Reserve Bank of Philadelphia district in November. In the competition, the team prepared a presentation on the U.S. economy, presented recommendations for monetary policy, and answered questions from senior Fed officials and research staff. Alan S. Blinder, the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs, coached the team. More>>



Reinhardt receives Academy Medal for Distinguished Contributions in Health Policy

Given annually by the New York Academy of Medicine (NYAM), the award recognizes individuals in health policy, public health, clinical practice, biomedical research along with an individual who has made significant contributions to NYAM. more>>





Marco Battaglini, Mikhail Golosov and Ulrich Müller elected Fellows of The Econometric Society
Congratulations to Marco Battaglini, Mikhail Golosov and Ulrich Müller on being elected this year as Fellows of the Econometric Society.





Alan Blinder interviewed by the Carnegie Council

As part of the Carnegie Council Centennial Thought Leaders Forum, Carnegie Council's Devin Stewart spoke with Alan S. Blinder, the Gordon S. Rentschler Memorial Professor of Economics and Public Affairs at Princeton University.More>>





Harold Kuhn, Princeton mathematician who advanced game theory, dies at 88

Harold Kuhn, a Princeton mathematician who advanced game theory and brought mathematical approaches to economics, died of congestive heart failure in New York on July 2. He was 88 years old. More>>