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Applying economic analysis to contemporary policy

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Pursue a degree or take courses in economics or financial economics.

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Nationally recognized program characterized by close contact between students and faculty.

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Department News

December 6, 2021

Yongsung Chang wins Dasan Economist Prize

Yongsung Chang, Professor of Economics of Seoul National University, a 1997 Ph.D. graduate of our department and long-time faculty member, has been awarded the Dasan Prize in Economics.


October 19, 2021

Goldberg Lecture

Prakash Loungani will give a talk in the Goldberg Lecture series this Friday, October 22nd at 5 pm in Goergen 101 (Sloan Auditorium).  Dr. Loungani (U. of Rochester Ph.D, 1986) is an Assistant Director and Senior Personnel Manager in the IMF's Independent Evaluation Office.  His talk is titled "Confronting Inequality."  It will draw on Dr. Loungani's research, including his book, Confronting Inequality: How Societies Can Choose Inclusive Growth (Columbia Univ. Press, 2019


September 30, 2021

Three ways the COVID-19 pandemic has rocked the labor market

The first wave of the COVID-19 pandemic hit the US labor market like a tsunami, resulting in a degree of dislocation that is unusual even for the deepest recession. While the forecast will change as new data emerges, Lisa Kahn, a professor of economics, identifies three surprising ways in which the pandemic has reshaped the labor market landscape.

September 3, 2021

2021 Ron Jones International Trade Workshop

The Ron Jones International Workshop will be held September 23-24. The program can be found here with more event information.



54th Annual Gilbert Memorial Lecture

The 54th Annual Gilbert Memorial Lecture was held on Tuesday, March 23, 2021 from 4-5:15 p.m. via Zoom. Tayfun Sonmez, professor of economics at Boston College presented "Fair Allocation of Vaccines, Ventilators and Antiviral Treatments: Leaving No Ethical Value Behind in Health Care Rationing" (joint with Parag A. Pathak, M. Utku Unver, and M. Bumin Yenmez).

A recording of the talk is available on YouTube.

Did you know?

Based on a Career Center survey of University of Rochester graduates from 2016-2019, two-thirds of Economics Department graduates are working and one-third are pursuing higher education. Of those working, Economics majors are earning $68,573 and Financial Economics majors are earning $68,191. This compares to the average salary of all other Rochester graduates (both College and Engineering) from this time period, of $57,885.

The Department of Economics is ranked among the top in the nation. In fact, because of our relatively small faculty size, the department ranks among the top five on a per-faculty basis.

Rochester’s economics PhD program—in existence since the 1950s—was created in part by Lionel McKenzie, one of the leading economists of the time.

Our graduates are prepared for careers in business and government as well as graduate studies in business administration, economics, public policy, law, and more.

A graphic image of a shape of the United States as a check sitting on a scale.

Feature Story

Monetary policy vs. fiscal policy: Which is more effective at stimulating the economy?

Rochester economist Narayana Kocherlakota explains the difference between the two—and why fiscal policy in the form of stimulus checks for all adults comes out ahead.

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