Economics helps provide answers for some of the world’s most pressing questions, from the future of work to ending global poverty to improving the environment.

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In Memoriam: Dale W. Jorgenson, Samuel W. Morris University Professor, Emeritus 1933 - 2022

 

Dale JorgensonThe Economics Department has been saddened by the passing of Dale W. Jorgenson, Samuel W. Morris University Research Professor, Emeritus. Dale was a giant among economists, who has conducted groundbreaking research on information technology and economic growth, energy and the environment, tax policy and investment behavior, and applied econometrics. He was awarded the prestigious John Bates Clark Medal by the American Economic Association in 1971 and served as President of the Association in 2000. He was honored with nine honorary doctorates and membership in the American Philosophical Society, the Royal Swedish Academy of Sciences, the U.S. National Academy of Sciences, and the American Academy of Arts and Sciences. Jorgenson was a Founding Member of the Board on Science, Technology, and Economic Policy of the National Research Council in 1991 and served as Chairman of the Board from 1998 to 2006. Together with his wife Linda, Dale was a beloved member of our community for over 50 years and he will be greatly missed.

 

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Programs

Harvard undergraduate student in front of Littauer Center

Undergraduate

The large number of professors and their diverse interests enable a student to study virtually any area of economics.  The extraordinary quality of Harvard undergraduates makes the classroom environment stimulating for teacher and student alike.

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Graduate

Supported by a diverse group of faculty who are top researchers in their fields and fueled by a vast array of resources, the PhD program is structured to train and nurture students to become leading economists in academia, government agencies, the technology industry, finance and banking, and global policy organizations.

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At a Glance

  • 59

    Faculty
    Members

  • 19

    Areas of
    Study

  • 82

    Undergraduate
    Courses

  • 535

    Undergraduate
    Concentrators

  • 48

    Graduate
    Courses

  • 195

    Graduate
    Concentrators

The Department of Economics is part of the larger academe of teaching and research at Harvard University.

Faculty Spotlight

The Harvard economics department is a big tent – big enough to include many kinds of people working in many different fields, from finance to economic history, from behavioral economics to political economy, and so much more.  Our students and faculty combine these fields in creative ways that are hard to achieve anywhere else.

John Campbell

John Campbell

Morton L. and Carole S. Olshan Professor of Economics

News and Events

Pakes

Northwestern Announces Professor Pakes as a 2022 Nemmers Prize Winner

July 13, 2022

Congratulations to Ariel Pakes, Thomas Professor of Economics for receiving the Erwin Plein Nemmers Prize in Economics. The biennial prizes recognize top scholars for their lasting significance, outstanding achievements, contributions to knowledge and the development of significant new modes of analysis. Read more about Professor Pakes research...

Read more about Northwestern Announces Professor Pakes as a 2022 Nemmers Prize Winner
Ludwig Straub

Congratulations to Professor Straub for Winning the AQR Asset Management Institute Young Researcher Award 2022

July 7, 2022

From the Institute, "We are pleased to announce the winner of the AQR Asset Management Institute Young Researcher Awards 2022. These annual awards recognise talented new academics producing innovative and impactful research. The award is open to junior faculty members with up to five years’ work experience at any recognised higher education institution worldwide...For his outstanding contributions to academic research, we recognise Ludwig Straub, Assistant Professor of Economics, Harvard University, as the top Young Researcher for 2022. His work has been published in leading academic...

Read more about Congratulations to Professor Straub for Winning the AQR Asset Management Institute Young Researcher Award 2022
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  • Fields of Study

    Theory

    The study of the application of using hypothetical quantitative economic models.

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    Political Economy

    The study of production and trade and their relations with law, custom and government; and with the distribution of national income and wealth.

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    Econometrics

    The study of developing and using statistical and mathematical tools to analyze economic issues and policy
    questions.

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    Macroeconomics

    The study of the national economy and the determinants of national production, unemployment, and inflation.

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    Economic History

    The study of how economies and economic outcomes have changed over history and how economic institutions have developed. 

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    International Economics

    The study of the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. 

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  • Fields of Study

    Behavioral Economics

    The study of the cognitive and emotional dimensions of economic decisions.

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    Industrial Organization

    The study of individual markets and the nature of competition. Topics include anti-trust policy, the role of advertising, and how costs vary with the scale of operations. This field also studies particular industries such as software and technology firms, sports, and tourism.

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    Economic Development

    The study of why some countries have developed while others have not, with special focus on the world’s less developed countries. How might the industrialized countries improve prospects for development around the world?

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    Labor Economics

    The study of employers’ decisions to hire workers and employees’ decisions to work. This involves determinants of wages, the incentives workers face, and the role of minimum wage laws, unions, pensions, and training programs. 

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    Financial Economics

    The study of how to value and determine the price of assets with uncertain returns their derivatives and the markets that trade them; the study of how firms finance their operations and the capital structure of firms.

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    Public Economics

    The study of the role of government in the economy including how to evaluate government programs, the design of tax systems, and how the political process makes decisions.

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