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Economics

Recent News

How did Austerity Influence Recovery from the Great Recession of 2009?

Study by Christopher L. House and Linda L. Tesar shows that austerity was substantial drag on GDP

How Does Consumer Spending Respond to Changes in Gas Prices?

Michael Gelman and Matthew Shapiro study shows consumers spend 100% of savings from reduced gas prices

It is perhaps fitting that as the University of Michigan begins to celebrate its bicentennial that an economic historian takes over as department chair. The celebration reminds us of all that we value about U-M. I look forward to a productive and exciting term ahead. Read more here.

--Professor and Chair of Economics, Paul Rhode

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We strive to support our students and faculty on the front lines of learning and research; to steward our planet, our community, our campus. To do this, the Department of Economics needs you—because the world needs Victors.