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Revision as of 03:09, 24 March 2007 by Rglovejoy (talk | contribs) (MIT is in Cambridge, not Boston)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)The MIT Department of Economics is a department of the Massachusetts Institute of Technology in Cambridge, Massachusetts.
Undergraduate studies in economics were introduced in the 19th century by institute president Francis Amasa Walker. The department's Ph.D. program was introduced in 1941.
Although it shares facilities with the Sloan School of Management, the department is actually part of MIT's School of Humanities, Arts and Social Sciences.
Among the department's faculty and alumni are several recipients of the Nobel Prize in Economics. They are:
- Robert J. Aumann, 2005
- Robert Engle, 2003
- George A. Akerlof and Joseph E. Stiglitz, 2001
- Daniel L. McFadden, 2000
- Robert A. Mundell, 1999
- Robert C. Merton, 1997
- Robert M. Solow, 1987
- Franco Modigliani, 1985
- Lawrence R. Klein, 1980
- Paul A. Samuelson, 1970
Current faculty
Professors
- Daron Acemoglu
- Joshua Angrist
- Abhijit Banerjee
- Oliver J. Blanchard
- Ricardo Caballero
- Dora L. Costa
- Peter Diamond
- Esther Duflo
- Glenn Ellison
- Robert Gibbons
- Michael Greenstone
- Jonathan Gruber
- Jeffrey Harris
- Jerry Hausman
- Bengt Holmström
- Paul Joskow
- Whitney Newey
- Michael Piore
- James Poterba
- Nancy Rose
- Stephen Ross
- Richard Schmalensee
- James Snyder
- Peter Temin
- Lester Thurow
- William Wheaton
Associate Professors
- George-Marios Angeletos
- David Autor
- Victor Chernozhukov
- Xavier Gabaix
Assistant Professors
- Haluk Ergin
- Amy Finklestein
- Mikhail Golosov
- Panle Jia
- Sergei Izmalkov
- Guido Lorenzoni
- Stephen Ryan
- Ivan Werning
- Muhamet Yildiz
Senior Lecturer
- Sara Fisher Ellison
Professors Emeriti
- Morris Adelman
- Sidney Alexander
- Robert L. Bishop
- E. Cary Brown
- Richard S. Eckaus
- Frank Fisher
- Stanley Fischer
- Jerome Rothenberg
- Paul A. Samuelson
- Abraham J. Seigel
- Robert M. Solow
Former faculty
- Rudiger Dornbusch
- Charles P. Kindleberger
- Daniel L. McFadden
- Franco Modigliani
- Robert S. Pindyck
- George P. Schultz
Notable alumni
- Lawrence Klein (Ph.D., 1944), Nobel Prize, 1980
- Robert Mundell (Ph.D., 1956), Nobel Prize, 1999
- George Akerlof (Ph.D., 1966), Nobel Prize 2001
- Joseph E. Stiglitz (Ph.D., 1967), Nobel Prize, 2001
- William Nordhaus (Ph.D., 1967), Council of Economic Advisers 1977 - 1979
- Robert Carhart Merton (Ph.D, 1970), Nobel Prize, 1997
- Tommaso Padoa-Schioppa, (Ph.D. 1970), European Central Bank Executive Board 1998-2005
- Martin Neil Baily (Ph.D., 1972), Council of Economic Advisers Chairman 1999 - 2001
- Paul Krugman, (Ph.D. 1977), Council of Economic Advisers 1982 - 1983; New York Times columnist
- Lawrence Summers (B.S., 1975) Secretary of the Treasury, 1999 - 2001; Former president of Harvard University
- Lucas Papademos, (Ph.D. 1977), European Central Bank Vice President 2002 -
- Ben Bernanke, (Ph.D., 1979) Chairman of the Federal Reserve, 2006 -
- N. Gregory Mankiw (Ph.D., 1984), Council of Economic Advisers Chairman 2003 - 2005
- Andrew Samwick (Ph.D. 1993), Council of Economic Advisers Chief Economist 2003 - 2004
- Steven Levitt (Ph.D. 1994), John Bates Clark Medal, 2003; author Freakonomics
- Kristin Forbes (Ph.D., 1998), Council of Economic Advisers 2003 - 2005
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