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The department's faculty include Nobel Prize and Clark medal winners, former members of the Council of Economic Advisors, leaders in international policy-making, and leading researchers in their fields in economics who are among the most widely cited in the world. 

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Public economics, econometrics, labor economics, financial economics, macroeconomics, economic history.

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  • In Memoriam

Pol Atras

Pol Antràs’ teaching and research fields are international economics and applied theory. Some of his work is overviewed in his recent book Global Production: Firms, Contracts, and Trade Structure , published by Princeton University Press. He is a Research Associate at the National Bureau of Economic Research (NBER), where he served as Director of the International Trade and Organization (ITO) Working Group. Among other distinctions, he was awarded an Alfred P. Sloan Research Fellowship in 2007 and the Fundación Banco Herrero Prize in 2009, and he was elected Fellow of the Econometric Society in 2015. As of 2015, he is Editor of the Quarterly Journal of Economics .

Faculty Assistant: Mack Carroll ... Read more about Pol Antràs

Robert Barro

Robert Barro

Robert J. Barro is a visiting scholar at the American Enterprise Institute and a research associate of the National Bureau of Economic Research. Recent research involves rare macroeconomic disasters, corporate tax reform, religion & economy, empirical determinants of economic growth, and economic effects of public debt and budget deficits. Recent books include Religion and Economy (forthcoming with Rachel McCleary), Economic Growth (2nd edition, written with Xavier Sala-i-Martin), Nothing Is Sacred: Economic Ideas for the New Millennium, Determinants of Economic Growth, and Getting It Right: Markets and Choices in a Free Society. ... Read more about Robert Barro

Adrien Bilal

Adrien Bilal

Adrien Bilal is a macroeconomist with interests in labor and spatial economics. Adrien received his PhD in Economics from Princeton University. He is...

Emily Breza

Emily Breza

Emily Breza joined the Economics Department as an Assistant Professor in January 2017.  She received her PhD in Economics from MIT and her BA from...

John Campbell

John Y. Campbell

John Campbell has published over 80 articles on various aspects of finance and macroeconomics, including fixed-income securities, equity valuation, and portfolio choice. His books include The Econometrics of Financial Markets (with Andrew Lo and Craig MacKinlay, Princeton University Press 1997), Strategic Asset Allocation: Portfolio Choice for Long-Term Investors (with Luis Viceira, Oxford University Press 2002), and The Squam Lake Report: Fixing the Financial System (with the Squam Lake Group of financial economists, Princeton University Press 2010).

Faculty Assistant: Mack Carroll

Raj

Raj Chetty is the William A. Ackman Professor of Public Economics at Harvard University. He is also the Director of Opportunity Insights, which uses “big...

Gabriel Chodorow Reich

Gabriel Chodorow-Reich

Gabriel Chodorow-Reich's research focuses on macroeconomics, finance, and labor economics. Gabriel received his Ph.D. from the University of...

David Cutler

David M. Cutler

David Cutler has developed an impressive record of achievement in both academia and the public sector. He served as Assistant Professor of Economics from 1991 to 1995, was named John L. Loeb Associate Professor of Social Sciences in 1995, and received tenure in 1997. He is currently the Otto Eckstein Professor of Applied Economics in the Department of Economics and holds secondary appointments at the Kennedy School of Government and the School of Public Health. Professor Cutler was associate dean of the Faculty of Arts and Sciences for Social Sciences from 2003-2008 and was named Harvard College Professor from 2014-2019.

Faculty Assistant: Emily Sall

Melissa Dell

Melissa Dell

Melissa Dell is a former Junior Fellow at the Harvard Society of Fellows and a Global Scholar in the Institutions, Organizations and Growth program at the Canadian Institute for Advanced Research and a faculty research fellow at the National Bureau of Economic Research. Melissa's research focuses on the interplay between the state, non-state actors, and economic development. In particular, she has examined the relationship between government crackdowns and drug violence in Mexico, as well as the persistence of poverty in Mexico and Peru.... Read more about Melissa Dell

Karen Dynan

Karen Dynan

Karen Dynan served as Assistant Secretary for Economic Policy and Chief Economist at the U.S. Department of the Treasury from 2014 to 2017, where she led analysis of economic conditions and development of policies to address the nation’s economic challenges.

From 2009 to 2013, Dynan was vice president and co-director of the Economic Studies program at the Brookings Institution. Before that, she was on the staff of the Federal Reserve Board, leading work in macroeconomic forecasting, household finances, and the Fed’s response to the financial crisis.... Read more about Karen Dynan

Ben Enke

Benjamin Enke

Benjamin Enke is an Assistant Professor at Harvard's Department of Economics. Ben received his Ph.D. in Economics from Bonn in 2016. His research focuses...

Chris Foote

Christopher Foote

Christopher L. Foote, a senior economist and policy advisor in the research department at the Federal Reserve Bank of Boston, currently serves as advisor to the Center for Behavioral Economics and Decision making.... Read more about Christopher Foote

freeman

Richard B. Freeman

Richard B. Freeman is currently serving as Faculty co-Director of the  Labor and Worklife Program  at the Harvard Law School. He directs the  National Bureau of Economic Research /Sloan Science Engineering Workforce Projects, and is Senior Research Fellow in Labour Markets at the London School of Economics'  Centre for Economic Performance . Freeman received the Mincer Lifetime Achievement Prize from the Society of Labor Economics in 2006. In 2007 he was awarded the IZA Prize in Labor Economics. In 2011 he was appointed Frances Perkins Fellow of the American Academy of Political and Social Science.... Read more about Richard B. Freeman

Ben Friedman

Benjamin Friedman

Benjamin M. Friedman's latest book is The Moral Consequences of Economic Growth , published in 2005 by Alfred A. Knopf. His best known previous book is Day of Reckoning: The Consequences of American Economic Policy Under Reagan and Afte r, which received the George S. Eccles Prize, awarded annually by Columbia University for excellence in writing about economics. He has also written extensively on economic policy, and in particular on the role of the financial markets in shaping how monetary and fiscal policies affect overall economic activity.... Read more about Benjamin Friedman

Roland Fryer

Roland Fryer

Roland G. Fryer, Jr. is a Professor of Economics at Harvard University, a research associate at the National Bureau of Economic Research, and a former junior fellow in the Harvard Society of Fellows.  Fryer has published papers on topics such as the racial achievement gap, the causes and consequences of distinctively black names, affirmative action, the impact of the crack cocaine epidemic, historically black colleges and universities, and acting white.... Read more about Roland Fryer

Jason Furman

Jason Furman

Jason Furman is the Aetna Professor of the Practice of Economic Policy jointly at Harvard Kennedy School (HKS) and the Department of Economics...

Xavier Gabaix

Xavier Gabaix

Xavier Gabaix is Pershing Square Professor of Economics and Finance at Harvard’s economics department. He received his undergraduate degree in mathematics from the Ecole Normale Supérieure (Paris) and obtained his PhD in economics from Harvard University.... Read more about Xavier Gabaix

Ed Glaeser

Edward Glaeser

Edward Glaeser is the Fred and Eleanor Glimp Professor of Economics in the Faculty of Arts and Sciences at Harvard University, where he has taught since 1992. He regularly teaches microeconomics theory, and occasionally urban and public economics. He has served as Director of the Taubman Center for State and Local Government, and Director of the Rappaport Institute for Greater Boston. He has published dozens of papers on cities economic growth, law, and economics. In particular, his work has focused on the determinants of city growth and the role of cities as centers of idea transmission. He received his PhD from the University of Chicago in 1992.

Faculty Assistant: Jamie Murray

Claudia Goldin

Claudia Goldin

Claudia Goldin is the Henry Lee Professor Economics and the Lee and Ezpeleta Professor of Arts and Sciences at Harvard University.  She...

Yannai Gonczarowski

Yannai A. Gonczarowski

Yannai A. Gonczarowski is an Assistant Professor of Economics and of Computer Science at Harvard University—the first faculty member at Harvard to have...

Jerry Green

Jerry Green

Jerry Green is the John Leverett Professor in the University and the David A. Wells Professor of Political Economy in the Department of Economics.... Read more about Jerry Green

Oliver Hart

Oliver Hart

Oliver Hart is currently the Lewis P. and Linda L. Geyser University Professor at Harvard University, where he has...

Elhanan Helpman

Elhanan Helpman

Elhanan Helpman's contributions include studies of the balance of payments, exchange rate regimes, stabilization programs and foreign debt, international trade, economic growth and political economy. He is a cofounder of the "new trade theory'' and the "new growth theory,'' which emphasize the roles of economies of scale and imperfect competition. His current research is reflected in his latest books, Understanding Global Trade and Globalization and Inequality .

Faculty Assisstant: Ursula Ferraro

Myrto Kalouptsidi

Myrto Kalouptsidi

Myrto Kalouptsidi is a Professor of Economics at Harvard and the Radcliffe Institute. She received her PhD in economics from Yale University in 2011 and...

Larry Katz

Lawrence Katz

Lawrence F. Katz's research focuses on issues in labor economics and the economics of social problems. He is the author (with Claudia Goldin) of  The Race between Education and Technology  (Harvard University Press, 2008), a history of U.S. economic inequality and the roles of technological change and the pace of educational advance in affecting the wage structure. Katz also has been studying the impacts of neighborhood poverty on low-income families as the principal investigator of the long-term evaluation of the Moving to Opportunity program, a randomized housing mobility experiment.... Read more about Lawrence Katz

Gabriel Kreindler

Gabriel Kreindler

Gabriel Kreindler studies issues in urban transportation in developing countries. His current projects focus on understanding the impact of traffic...

David Laibson

David Laibson

David Laibson is a member of the National Bureau of Economic Research, where he is Research Associate in the Asset Pricing, Economic Fluctuations, and Aging Working Groups.  Laibsonʼs research focuses on the topic of behavioral economics, and he is a co-leader of the Harvard University Foundations of Human Behavior Initiative. ... Read more about David Laibson

Robin Lee

Robin S. Lee is a Professor of Economics at Harvard University and Faculty Research Fellow at the National Bureau of Economic Research. He received his A.B. and A.M. in Economics and his Ph.D. in Business Economics from Harvard, and previously served on the faculty at New York University Stern School of Business.... Read more about Robin Lee

Shengwu Li

Prior to joining the Economics Department Faculty, Shengwu Li was a Junior Fellow of the Society of Fellows.

Staff Support:...

Greg Mankiw

N. Gregory Mankiw

N. Gregory Mankiw teaches the introductory economics course at Harvard and is the author of several best-selling textbooks. His research includes work on price adjustment, consumer behavior, financial markets, monetary and fiscal policy, and economic growth.

Faculty Assistant: Marina Bisogno ... Read more about N. Gregory Mankiw

Stephen Marglin

Stephen Marglin

Stephen A. Marglin's latest book, The Dismal Science: How Thinking Like an Economist Undermines Community , focuses on the foundational assumptions of economics and how these assumptions make community invisible to economists. His published papers and books range over the foundations of cost-benefit analysis, the workings of the labor-surplus economy, the organization of production, the relationship between the growth of income and its distribution, and the process of macroeconomic adjustment.... Read more about Stephen Marglin

Eric Maskin

Eric S. Maskin

Eric Maskin received the 2007 Nobel Memorial Prize in Economics (with L. Hurwicz and R. Myerson) for laying the foundations of mechanism design theory. He also has made contributions to game theory, contract theory, social choice theory, political economy, and other areas of economics.... Read more about Eric S. Maskin

Marc Melitz

Marc Melitz

Marc Melitz' s broad research interests are in international trade and investment.  More specifically, he studies producer-level responses to globalization and their implications for aggregate trade and investment patterns. He is a fellow of the Econometric Society and is affiliated with the  National Bureau of Economic Research (NBER), the  Centre for Economic Policy Research  (CEPR),  CESifo , and the  Kiel Institute for the World Economy .  He is foreign editor for the  Review of Economic Studies  and associate editor  for the  American Economic Journal: Microeconomics .  His research has been funded by the Sloan Foundation and by the NSF. ... Read more about Marc Melitz

Jeff Miron

Jeffrey Miron

Jeffrey Miron’s field of expertise is the economics of libertarianism. He has advocated for many libertarian policies, including legalizing all...

Ariel Pakes

Ariel Pakes

Professor Pakes' research has been in industrial organization (I.O.), the economics of technological change and in econometric theory. He teaches courses in industrial organization and in econometrics. Recent empirical work includes an analysis of the impact of the break up of AT&T on productivity in the telecommunication equipment industry, an analysis of the impact of voluntary export restrictions on the profits and consumer welfare generated by the sales of new cars, and an analysis of the impact of the entry and exit of goods on the price index for personal computers.... Read more about Ariel Pakes

Mandy Pallais

Amanda Pallais

Amanda Pallais a Professor of Economics at Harvard University.  Formerly, she was the Paul Sack Associate Professor of Political Economy and Social Studies. Her research focuses on the barriers preventing workers from achieving efficient employment outcomes and students from optimally investing in human capital. Her research has explored the extent to which the cost of developing a reputation acts as a barrier preventing workers from entering the labor market. It has shown how manager bias can depress the job performance of minorities, how small changes in college application fees can dramatically affect the college application choices of low-SES students, and how financial aid can improve college outcomes for low-income students. Pallais received her B.A. in Economics and Mathematics from the University of Virginia in 2006 and her Ph.D. in Economics from MIT in 2011.

Faculty Assistant: Eric Unverzagt

Matthew Rabin

Matthew Rabin

Matthew Rabin is the Pershing Square Professor of Behavioral Economics in the Harvard Economics Department and Harvard Business School.... Read more about Matthew Rabin

Ken Rogoff

Kenneth Rogoff

Kenneth Rogoff writes on international macroeconomics and financial crises. His publications include Foundations of International Macroeconomics (with Maurice Obstfeld) and This Time is Different:  Eight Centuries of Financial Folly (with Carmen Reinhart).  From 2001-2003, he served as chief economist at the International Monetary Fund.... Read more about Kenneth Rogoff

Amartya Sen

Amartya Sen

Amartya Sen is Thomas W. Lamont University Professor, and Professor of Economics and Philosophy, at Harvard University and was until 2004 the Master of Trinity College, Cambridge.  He has served as President of Econometric Society, Indian Economic Association, American Economic Association, and International Economic Association.  His research has ranged over a number of fields in economics, philosophy, decision theory and social choice theory.  His books have been translated into over thirty languages.  Sen has received the Bharat Ratna (India), the National Humanities Medal (USA), Commandeur de la Légion d’Honneur (France), the Ordem do Mérito Científico (Brazil), the Aztec Eagle (Mexico), and the Nobel Prize in economics.... Read more about Amartya Sen

Jesse Shapiro

Jesse Shapiro

Neil Shephard

Neil Shephard

Neil Shephard is the Frank B. Baird, Jr. Professor of Science, in the Department of Economics and Department of Statistics.  His broad research interests are in econometrics, finance and statistics, with a particular focus on financial econometrics.   He has made particular advances in developing simulation based inference methods for online learning and has contributed methods to allow the mainstream use of high frequency financial data in economics.  He joined the Harvard faculty in 2013, holding a professorship joint between the Economics and Statistics Departments.  Professor Shephard is a fellow of the Econometric Society and the British Academy.  He is an associated editor of Econometrica .  Professor Shephard was a faculty member at the London School of Economics from 1988-1993 and Oxford University from 1991 to 2013.   

Staff Support: Emily Palmer

Andrei Shleifer

Andrei Shleifer

Andrei Shleifer has worked in the areas of comparative corporate governance, law and finance, behavioral finance, as well as institutional economics. He has published six books, including The Grabbing Hand (with Robert Vishny), and Inefficient Markets: An Introduction to Behavioral Finance , as well as over a hundred articles. In 1999, Shleifer won the John Bates Clark medal of the American Economic Association.... Read more about Andrei Shleifer

Stefanie Stantcheva

Stefanie Stantcheva

Stefanie Stantcheva is a Professor at Harvard University. She is a former Junior Fellow at the Harvard Society of Fellows. She received her Ph.D. in Economics from MIT in 2014. Stefanie's research focuses on the optimal design of the tax system, taking into account important labor market features, more complex social preferences, and long-term effects such as human capital acquisition and productive investments by firms.

Staff Support: Ann Richards

Jeremy Stein

Jeremy Stein

Jeremy Stein’s research has covered such topics as behavioral finance and stock-market efficiency, corporate investment and financing decisions, risk management, capital allocation inside firms, banking, financial regulation, and monetary policy. He  was previously a co-editor of the Quarterly Journal of Economics and the Journal of Economic Perspectives , and has served on the editorial boards of several other economics and finance journals. He is a fellow of the American Academy of Arts and Sciences and research associate at the National Bureau of Economic Research.  In 2008, he was president of the American Finance Association. He has served in the Obama Administration as a senior advisor to the Treasury Secretary and on the staff of the National Economic Council.... Read more about Jeremy Stein

Jim Stock

James Stock

James H. Stock is also a member of the faculty at Harvard Kennedy School. His research areas are macroeconomic forecasting, monetary policy, and econometric methods for the analysis of economic time series data. ... Read more about James Stock

Ludwig Straub

Ludwig Straub

Ludwig Straub is an assistant professor of economics. He is a former post-doctoral fellow in economics at Harvard. His research focuses on macroeconomics...

Tomasz Strzalecki

Tomasz Strzalecki

Tomasz Strzalecki's research interests are in decision theory and economic theory. He has focused on ambiguity aversion, temporal preferences, and bounded rationality.... Read more about Tomasz Strzalecki

Larry Summers

Lawrence Summers

Lawrence H. Summers is the Charles W. Eliot University Professor and President Emeritus of Harvard University. During the past two decades, he has served in a series of senior policy positions in Washington, D.C., including the 71st Secretary of the Treasury for President Clinton, Director of the National Economic Council for President Obama and Vice President of Development Economics and Chief Economist of the World Bank.... Read more about Lawrence Summers

Elie Tamer

Elie Tamer’s research areas are in econometrics and empirical industrial organization. His work is focused on developing methods for inference on economic models under minimal assumptions. He is former co-editor of Econometrica and is a fellow of the Econometric Society.... Read more about Elie Tamer

David Yang

David Y. Yang is a Professor in the Department of Economics at Harvard University and Director of the Center for History and Economics at Harvard. David...

Marcella Alsan

Marcella Alsan

Marcella Alsan is a Professor of Public Policy at Harvard Kennedy School. Alsan received a BA from Harvard University, a master’s in public health from...

Samuel Hanson

Samuel Hanson

Scott Kominers

Scott Kominers

... Read more about Scott Kominers

Adi Sunderam

Adi Sunderam

Cass R. Sunstein

Cass R. Sunstein

Cass R. Sunstein is currently the Robert Walmsley University Professor at Harvard. From 2009 to 2012, he was Administrator of the White House Office of...

Thomas Baranga

Thomas Baranga

Thomas Baranga studies international finance, macroeconomics and trade, generally from an empirical point of view. His work has frequently focused on...

Boycko

Maxim Boycko

Maxim Boycko is a Visiting Lecturer in Economics at Harvard University and a Senior Fellow at the Watson Institute for International and Public...

Gregory Bruich

Gregory Bruich

Gregory Bruich received his Ph.D. from the Department of Economics at Harvard University. His research is in public economics. He was voted a “Favorite...

Le Brun

Anne Le Brun

Anne is a labor economist with a particular interest in the economics of immigration. Anne teaches a sophomore tutorial on the economics of immigration...

Judd  Cramer

Judd Cramer

kiran_gajwani

Kiran Gajwani

Kiran Gajwani is a development economist whose research focuses on decentralized governance, organizations of the poor, and the long-run dynamics of...

Andres  Maggi

Andres Maggi

Andres Maggie is an Associate in the Department of Economics at Harvard University. He received my Ph.D. in Economics from Princeton University. His...

David Martin

David Martin

McCleary

Rachel McCleary

McCleary has a Ph.D. in philosophy from the University of Chicago, a Master of Theological Studies from Emory University and a B.A. from Indiana...

Dwight Perkins

Dwight Perkins

Dwight H. Perkins' previous positions at Harvard include Associate Director of the East Asian (now Fairbank) Research Center, 1973-1977; chairman of the Department of Economics, 1977-1980; Director of the Harvard Institute for International Development (HIID), the University’s former multi-disciplinary institute for research, teaching, and technical assistance on development policy,1980-1995; and Director of the Harvard University Asia Center, 2002-2005. He has authored or edited twelve books and over one hundred articles on economic history and economic development, with special references to the economies of east and southeast Asia. ... Read more about Dwight Perkins

Alvin Roth

Alvin Roth is also the Craig and Susan McCaw Professor of Economics at Stanford University. He works in the areas of game theory, experimental economics and market design. He shared the 2012 Nobel Memorial Prize in Economics. ... Read more about Alvin Roth

Jeffrey Williamson

Jeffrey Williamson

Jeffrey Gale Williamson served as Chairman of the Economics Department 1997-2000 and as the department's Director of Undergraduate Studies 2001-2002 and...

Alberto Alesina

Alberto Alesina

Alberto Alesina was a leader in the field of Political Economics and published extensively in all major academic journals in economics. He ...

phd economics in harvard university

Richard Caves

Gary Chamberlain

Gary Chamberlain

Gary Chamberlain passed away in February of 2020.  He taught at the University of Wisconsin-Madison and became a Professor of Economics at Harvard in 1987, and the Louis Berkman Professor of Economics in 2002. His research topics included panel data, returns to schooling, factor structure in large asset markets, semiparametric efficiency, the structure of wages, and applications of decision theory in econometrics. 

He was a Fellow of the Econometric Society and was a Member of its Council from 1988 to 1993, and he gave the Fisher-Schultz Lecture in 2001. He was a Fellow of the American Academy of Arts and Sciences, a Fellow of the American Association for the Advancement of Science, and a Member of the National Academy of Sciences.... Read more about Gary Chamberlain

Richard Cooper

Richard Cooper

Richard N. Cooper passed away in December of 2020. He was a member of the Trilateral Commission, the Council on Foreign Relations, the Executive Panel of the US Chief of Naval Operations, and the Brookings Panel on Economic Activity. He has served on several occasions in the US Government, as chairman of the National Intelligence Council (1995-97), Under Secretary of State for Economic Affairs (1977-81), Deputy Assistant Secretary of State for International Monetary Affairs (1965-66), and senior staff economist at the Council of Economic Advisers (1961-63). His most recent books include  Boom, Crisis, and Adjustment  (co-author), Macroeconomic Management in Korea, 1970-1990  (co-author),  Environment and Resource Policies for the World Economy,  and  What the Future Holds  (co-author).... Read more about Richard Cooper

Farhi

Emmanuel Farhi

Emmanuel Farhi's research focused on macroeconomics, finance, international economics, and public finance. His papers have been published in leading journals including the American Economic Review , the Journal of Political Econom y, the Quarterly Journal of Economic s, the Review of Economic Studies and the Journal of Financial Economics . He was a member of the French Economic Analysis Council to the French Prime minister, a research associate at the National Bureau of Economic Research, the Center for Economic Policy Research, the International Growth Centre, as well as a fellow of the Toulouse School of Economics. He was also an associate editor of the American Economic Review. ... Read more about Emmanuel Farhi

Martin Feldstein

Martin Feldstein

Martin Feldstein, George F. Baker Professor of Economics, passed away on June 11, 2019. He was a faculty member in the Department of Economics for 52 years, 1967 to 2019.  Marty's teaching and research focused on issues of taxation, social insurance and fiscal policy.  He also wrote widely on other aspects of U.S. and foreign economic policy and on the economics of national security.  He published more than 300 research papers. He received the Clark medal of the American Economic Association and later served as President of the Association. He served as Chairman of the Council of Economic Advisers for President Ronald Reagan.  He was president and CEO of the National Bureau of Economic Research from 1977 to 2008.  He taught the introductory economics course for 18 years and continues to teach graduate and undergraduate courses.

Dale Jorgenson

Dale Jorgenson

Jorgenson has conducted groundbreaking research on information technology and economic growth, energy and the environment, tax policy and investment...

János Kornai

János Kornai

János Kornai was Allie S. Freed Professor of Economics Emeritus at Harvard and Professor Emeritus at Corvinus University of Budapest. He served at...

David Landes

Wassily leontief, james l medoff.

Rosovsky

Henry Rosovsky

Henry Rosovsky is the author of many articles and books, including Capital Formation in Japan (1961), Quantitative Japanese Economic History (1961),...

Thomas C Schelling

Martin Weitzman

Martin Weitzman

Martin L. Weitzman was a Research Professor of Economics at Harvard University until his passing on August 27, 2019. Previously he was on the...

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Ph.D. Programs

The Harvard Environmental Economics Program (HEEP) does not grant degrees. Rather, students pursue a Ph.D. degree in Economics, Business Economics, Business Administration, Political Economy and Government, Public Policy, or Health Policy. Those whose dissertation interests focus on environmental and natural resource economics are invited to become Pre-Doctoral Fellows of HEEP.

If you are interested in pursuing a Ph.D. degree at Harvard focused on environmental economics, we encourage you to contact one or more of the following doctoral programs directly.

The Economics Ph.D.  program is the most traditional route for students interested in environmental economics. It is recommended for those applicants who wish to pursue an academic career in an economics department. It is one possible path for students who desire academic positions in professional schools or research positions in national or international agencies and research centers. The program is based in Harvard University’s Department of Economics in the Graduate School of Arts and Sciences. For general information about the Department, see its website . The Doctoral Program—including admissions requirements— is described here .

Business Economics

The Business Economics Ph.D.  program is offered jointly by the Department of Economics , in the Faculty of Arts and Sciences, and Harvard Business School, and combines economic analysis with practical aspects of business. This degree is primarily intended to prepare students for careers in research and teaching in business administration and related fields of economics. The general management approach of the Harvard Business School is an important ingredient in the program. For more information on the Business Economics program and for admissions requirements, please see the  Business Economics website.

Health Policy

The Health Policy Ph.D.  program is co-sponsored by the Graduate School of Arts and Sciences, the Kennedy School of Government, the Harvard Medical School, and the Harvard School of Public Health. Students interested in environmental economics should consider the “Economics” track of the program. This program is recommended for students with a particular interest in the intersection of health and environmental policy and who desire academic and/or research careers in health policy. For more information on the Health Policy program and for admissions requirements please see the Health Policy website.

Political Economy and Government

The Political Economy and Government  (PEG) program is co-sponsored by the  Department of Economics and the  Department of Government in the Graduate School of Arts and Sciences —and the Harvard Kennedy School . The PEG program is appropriate for the select group of students whose breadth of academic interests is not well served by doctoral studies confined to economics, political science, or public policy. The program is recommended for students whose research interests span the intersection of economics and political science and who desire academic careers in professional schools or research careers with national or international agencies and research centers. For more information on the PEG program and for admissions requirements, please see the program’s web page.  

Public Policy

The Ph.D. in Public Policy  is granted by the  Graduate School of Arts and Sciences and administered by the Harvard Kennedy School . This program is recommended for students who are interested in environmental economics as applied to the policy world and whose career goals include academic careers in professional schools, research positions in national or international agencies and research centers, or professional positions of various kinds in policy organizations. For more information on the Public Policy program and for admissions requirements and materials please see the program’s web site.

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  • Program Requirements

Students in the program are expected to master graduate-level microeconomic theory and econometrics. In addition, they are expected to devote substantial time to mastering one additional complementary discipline, such as psychology, sociology, or political science, and developing expertise in research methodologies suited to their particular interests, such as qualitative analysis, designing effective fieldwork, and analysis of survey data.

Students in the Strategy doctoral program work closely with faculty in the Strategy Unit. In addition to the doctoral program in Strategy, the Strategy unit offers a program in Business Economics , which is designed to attract students interested in pursuing research using a purely economics-based methodology.

Curriculum & Coursework

Our programs are full-time degree programs which officially begin in August. Students are expected to complete their program in five years. Typically, the first two years are spent on coursework, at the end of which students take a field exam, and then another three years on dissertation research and writing.

The program requires a minimum of 13 semester long doctoral courses. Students in the Strategy program complete courses in the areas of business management theory, economic theory, quantitative research methods, academic field seminars, and two MBA elective curriculum courses. In addition to HBS courses, students may take courses at other Harvard Schools and MIT.

Research & Dissertation

Students in strategy begin research in their first year typically by working with a faculty member. By their third and fourth years, most students are launched on a solid research and publication stream. The dissertation may take the form of three publishable papers or one longer dissertation.

Examples of thesis research include: the relationship between non-market experience and the use and outcome of patent strategies by pharmaceutical firms; the antecedents and consequences of corporate strategy decision-making, specifically focusing on divestitures and governance; the impact of religion on individual financial choices and institutional structures; innovation in emerging markets; and the causal effect of incentive policy reform, expatriates and social relationships on innovation.

phd economics in harvard university

Dafna Bearson

phd economics in harvard university

Rowan Clarke

“ Students in the program come from diverse backgrounds ranging from computer science to psychology. It's really fascinating how different our worlds views are! ”

phd economics in harvard university

Current HBS Faculty

  • Juan Alcacer
  • Laura Alfaro
  • Bharat N. Anand
  • Julie Battilana
  • Ethan S. Bernstein
  • Ramon Casadesus-Masanell
  • Wilbur X. Chen
  • Prithwiraj Choudhury
  • David J. Collis
  • Leemore S. Dafny
  • Mattias E. Fibiger
  • Carolyn J. Fu
  • Shane M. Greenstein
  • Boris Groysberg
  • Jonas Heese
  • Rebecca M. Henderson
  • Ebehi Iyoha
  • William R. Kerr
  • Tarun Khanna
  • Hyunjin Kim
  • Rembrand M. Koning
  • Alexander J. MacKay
  • Deepak Malhotra
  • Cynthia A. Montgomery
  • Frank Nagle
  • Felix Oberholzer-Gee
  • Joseph Pacelli
  • Lynn S. Paine
  • Sophus A. Reinert
  • Meg Rithmire
  • Jan W. Rivkin
  • Charlotte L. Robertson
  • Maria P. Roche
  • Clayton S. Rose
  • Raffaella Sadun
  • George Serafeim
  • Jorge Tamayo
  • Eric J. Van den Steen
  • Dennis A. Yao
  • David B. Yoffie

Current Strategy Students

  • Jackson Anderson
  • Ana Antolin
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Current HBS Faculty & Students by Interest

Recent placement, innessa colaiacovo, 2024, f. christopher eaglin, 2022, j. yo-jud cheng, 2019, laura katsnelson, 2024, young hou, 2021, do yoon kim, 2019, nataliya langburd wright, 2023, hyunjin kim, 2020.

Public Policy

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The flexible nature of the program allows you to choose your own path in areas that most interest you—from microeconomic research to international development to climate change. Whichever program track you choose—economics, politics and institutions, judgment and decision sciences, and science, technology, and policy—you will have the opportunity to conduct scholarly research using the vast resources of Harvard University.

Students in the program have been involved in many diverse projects such as water research allocation in Zambia, racial disparities in the criminal justice system in Massachusetts, and the politics of the American welfare state.

Graduates of the program have gone on to teach at MIT, Duke, University of Texas, Penn State, and Yale. Others now have influential positions with NGOs like Resources for the Future, private institutions such as JP Morgan and Analysis Group, and multilateral organizations including the World Bank and Global Innovation Fund. Among the many illustrious graduates of the program is Larry Bacow, president of Harvard University.

Additional information on the graduate program is available from the Public Policy Program , and requirements for the degree are detailed in Policies .

Admissions Requirements

Please review the Harvard Kenneth C. Griffin Graduate School of Arts and Sciences admissions requirements and other information before applying. You can find degree program-specific admissions requirements below and access additional guidance on applying from the Public Policy Program .

Academic Background

Applicants are admitted and matriculate into one of the four tracks listed below. Ordinarily, matriculated students cannot change to a different track from the one to which they were admitted. In rare and exceptional circumstances, students can apply to change tracks by submitting an application to the program. Visit the Public Policy program site for more information and to review the track-specific admissions prerequisites.

  • Judgment and Decision Making
  • Politics and Institutions
  • Science, Technology and Policy Studies

Writing Sample

A writing sample is required as part of the application and should be no more than 20 pages long. The writing sample must be single-authored and written in English.

Standardized Tests

GRE General: Required Writing Sample: Required iBT TOEFL minimum score: 103 IELTS minimum score: 7

Theses and Dissertations

Theses & Dissertations for Public Policy

See list of Public Policy faculty

APPLICATION DEADLINE

Questions about the program.

phd economics in harvard university

PhD in Public Policy

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  • Economics Track
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  • Politics and Institutions Track
  • Science, Technology and Policy Studies Track
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As an exceptional scholar, you want an exceptional graduate program.

The PhD in Public Policy (PPOL) program provides the advanced graduate training you need to successfully launch yourself into a research or related position in academia, government, a nongovernmental organization, or the private sector. 

You will get the training you need to conduct analytical research, help shape and execute policy, and teach the next generation of educators, researchers, and practitioners. The program encourages scholarly research that empowers public policy practitioners like you to make informed decisions and be leaders in their fields. 

Finding firm grounding for research in environmental economics

PPOL PhD alumnus Todd Gerarden’s fascination with bike mechanics mingled with his love of cycling and the outdoors; what emerged was a budding interest in energy and environmental policy. An undergraduate professor suggested he read  Economics of the Environment,  a collection of selected readings edited by HKS professor  Robert N. Stavins . That suggestion changed the course of his career.

Todd Gerarden PPOL PhD 2018

The complete phd.

The PPOL admits students to one of four tracks: Economics ; Judgment and Decision Making ; Politics and Institutions ; and Science, Technology and Policy Studies .    

PPOL graduates enter the workplace prepared to teach, carry out research, and make a profound impact in academia, while for others the degree leads to productive careers in think tanks, multinational organizations, NGOs, or the private sector.

"I've joined two research labs at HKS: Jennifer Lerner's and Julia Minson's. The brainstorming, feedback, and mutual pursuit of important research that comes from working in the labs is truly fulfilling."

Brad dewees ppol phd 2019, doctoral program admissions, funding your doctoral education.

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Phd in political economy & government.

The PhD in Political Economy and Government is designed for students interested in the impact of politics on economic processes and outcomes, and the reciprocal influence of economic conditions on political life. It is appropriate for students whose academic interests are not served by doctoral studies in Economics or Political Science alone.

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Harvard Extension Courses in Economics

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ECON E-10a Section 1 (16609)

Principles of Economics

Rand Ghayad PhD, Economic Advisor

The course deals with basic economic principles that help us understand the process of decision making by individuals and societies. We analyze the fundamental economic activities of production, distribution, exchange, and consumption at both the micro and macro level. Besides developing an understanding of the functioning of a free market system, we also critically examine the controversies that surround the use of public policies for the greater common good. Students may not take both ECON E-10a and ECON E-1000 for degree or certificate credit. Prerequisites: A working knowledge of elementary algebra and geometry is required. Students registering in this course for graduate credit are also required to have some basic knowledge of calculus, preferably a college-level course in calculus.

ECON E-10a Section 1 (25979)

Spring 2023

Stacey Gelsheimer PhD, Lecturer on Economics, Boston University

This course provides an introduction to current economic issues and to basic economic principles and methods. The economist John Maynard Keynes wrote that, "the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood." Economics is not primarily a set of answers, but rather a method of reasoning. By the end of the semester, students are able to use the analysis practiced in the course to form their own judgments about many of the major economic problems faced by the United States and other countries. In the first part of the semester, we focus on microeconomics, which is the study of the interaction of people and firms in markets. Since we live in a market economy, this study helps students to understand how American society organizes its economic affairs. We examine how the forces of supply and demand operate in the markets for goods and services. Students learn powerful tools that enable them to understand a great deal about the economy and how it works. Using these tools, we develop a framework to evaluate social policies. Trade always a controversial subject is analyzed, along with measures, such as tariffs, designed to restrict trade. Theories concerning firm behavior are then examined how companies decide how much to produce, and the profits which result. During the second half of the semester, we focus on macroeconomics, the study of the economy as a whole. We study economic growth and development, business cycles, and the impact of both monetary and fiscal policy on inflation, unemployment, interest rates, investment, the exchange rate, and international trade. Students may not take both ECON E-10a and ECON E-1000 for degree or certificate credit. Prerequisites: A working knowledge of elementary algebra and geometry is required.

ECON E-1000 Section 1 (26348)

Essentials of Economics

Bruce D. Watson MA, Master Lecturer on Economics, Boston University and Lecturer in Extension, Harvard University

This course provides an analytic and applied overview of both microeconomics and macroeconomics. In the microeconomic portion of the course, we examine exactly how prices are determined in competitive markets and what can distort that determination. Market structure is analyzed, including the fundamentals of firm pricing and production decisions. Using examples from various industries, we analyze what happens when market conditions change. Furthermore, we examine how these changes affect overall social welfare. Issues concerning trade are addressed, for example, when should countries, or even individuals, trade? Who gains or loses from trade? Turning to macroeconomics, we investigate the key economic statistics that you read about in the business press and other media, such as gross domestic product (GDP), the consumer price index (CPI), and the unemployment rate. For so many around the world, economic development is literally a matter of life and death. While economic growth is primarily a long-run phenomenon, short-run fluctuations in the economy cycles of expansion and recession are often the focus of short-run planning decisions by consumers, firms, and government. We examine in detail what causes these fluctuations and how government policies monetary and fiscal policy can dampen these cycles. An understanding of the Federal Reserve and monetary policy must be predicated on an understanding of the banking and financial system. Therefore, we delve into that in the course of our study of actions by the monetary authority. Recent events have also thrust fiscal policy to the fore. We talk in detail about how fiscal policy works and its implications for the economy in both the short and long term. Economics is not primarily a set of answers, but rather a method of reasoning. By the end of the course, students are able to use the framework they have learned to form their own judgments about the major economic problems faced by the United States and other countries. Indeed, after completing the course, students often find that they are better able to read and interpret the business press and other media and are better equipped to evaluate the economic policies promulgated by governments and other institutions. More importantly, however, the analytical skills students acquire in the course are instrumental in their continued success in the pursuit of a graduate degree or certificate. Students may not take both ECON E-10a and ECON E-1000 for degree or certificate credit. Prerequisites: Exposure to graphing and elementary algebra.

ECON E-1000 Section 1 (16740)

Econ e-1005 section 1 (16840).

Foundations of Real-World Economics

John Komlos PhD, Professor of Economics, Emeritus, University of Munich

The course discusses complex economic processes in straightforward terms so that they can be understood without the use of mathematics and without prior knowledge of economics. The focus is on understanding the way the economy works in the real world in contrast to conventional economics, which relies excessively on assumptions, theorizing, and abstract models of the economy. We apply the concepts we learn to contemporary controversial topics such as minimum wage legislation, the function of unions, and why the free market overcharges for healthcare. We explore why Noble Prize winning economists such as Paul Krugman and Joe Stiglitz are so critical of the current economic situation for its dizzying inequality, its endemic underemployment, humongous trade and government deficits, stagnating wages, and lack of inclusive growth that is unable to provide a dignified life for so many millions of its citizens. Mainstream economists do not have the answers to the challenges of globalization and technological unemployment because they are unable to think creatively about new institutional structures that would enable us to transition to a full-employment, high quality-of-life economy in which the focus is not on production and consumption, but the achievement of a high quality of life. In contrast, this course weaves ideas from psychology, sociology, and political science into a common-sense economic perspective in order to explore these issues. We also discuss the achievements of Nobel Prize winning behavioral economists and discuss the impact of the financial crisis of 2008, the economic roots of the rise of populism, and ends by outlining the main impact of the COVID-19 pandemic.

ECON E-1010 Section 1 (16651)

Microeconomic Theory

Dorian Klein MBA - Marion Laboure PhD, Analyst, Thematic Research, Deutsche Bank

This course presents the basic analytical tools of microeconomics. We start by looking at the decision making of individual consumers and ask how these decisions can be optimized or improved. Next, we look at the ways firms make and coordinate their decisions under varying market structures, including perfect competition and monopoly. Then we look at strategic behavior in imperfectly competitive markets, making use of concepts from game theory such as Nash equilibrium. Finally, we take up topics including bargaining theory, information economics, environmental externalities, and public goods. Prerequisites: A satisfactory score on the mandatory test of critical reading and writing skills or a B or higher grade in the alternate expository writing course. ECON E-10a, ECON E-1000, or the equivalent; MATH E-8, or the equivalent understanding of introductory college-level algebra.

ECON E-1010 Section 2 (16157)

Zinnia Mukherjee PhD, Associate Professor of Economics, Simmons University

ECON E-1010 Section 1 (23285)

Econ e-1017 section 1 (25617).

Financing Community and Economic Development

James Carras MPA, Adjunct Lecturer in Public Policy, Harvard Kennedy School

This course provides an understanding of financing mechanisms, tools, policies, and programs available to community and economic development professionals. The course focuses on access and availability of capital, both public and private, for businesses and real estate development projects that have an impact particularly on low opportunity communities. The course covers how capital markets operate and are structured; challenges for community economic development professionals to access those markets, business, and real estate financing fundamentals; public development finance tools including Opportunity Zone Funds, New Market Tax Credits and Community Development Financial Institutions; and capital access strategies such as Community Reinvestment Act research and advocacy. The course also addresses sustainable development and the role of development finance and impact investing. We explore the relationship between local community economic development, environmental sustainability, cultural vitality, and trends in the regional and national economies. Specifically, we focus on how to make community and economic investments that yield development outcomes that contribute to economic, environmental, and cultural vitality. This approach extends a triple bottom line approach that seeks to benefit profits, people, and the planet.

ECON E-1035 Section 1 (15713)

Behavioral Economics and Decision Making

David S. McIntosh MBA, Founder, Creative Business Breakthroughs

In this course we study how people actually make decisions, what rationality lies behind seemingly irrational behavior, and how decision making can be influenced. Building on economic principles useful in understanding business and consumer decision making, we study forces that prevent efficient and rational outcomes from occurring, as well as tools for influencing decisions. Prerequisites: Introductory economics (ECON E-10a, ECON E-1000, or equivalent) required.

ECON E-1057 Section 1 (16090)

Game Theory and Social Behavior

Erez Yoeli PhD, Lecturer in Economics, Harvard University and Research Associate, Massachusetts Institute of Technology Sloan School of Management - Moshe Hoffman PhD, Visiting Lecturer on Economics, Harvard University

Game theory is the formal toolkit for analyzing situations in which payoffs depend not only on your actions (say, which TV series you watch), but also that of others (whether your friends are watching the same show). You've probably already heard of some famous games, like the prisoner's dilemma and the costly signaling game. This course teaches students to solve games like these, and more, using tools like Nash equilibrium, subgame perfection, Bayesian Nash equilibrium, and the one-shot deviation principle. Game theory has traditionally been applied to understand the behavior of highly deliberate agents, like heads of state, firms in an oligopoly, or participants in an auction. However, we apply game theory to social behavior typically considered the realm of psychologists and philosophers, such as why we speak indirectly, in what sense beauty is socially constructed, and where our moral intuitions come from. Prerequisites: We make frequent use of probability theory (Bayes's Rule, conditional probabilities), set theory notation, and proofs. Students without a background in these tools have historically found some of the later problem sets to be challenging. Not sure if this class is for you? Take our self-assessment, then see how your answers compare with ours. STAT E-100 and MATH E-10 recommended.

ECON E-1500 Section 1 (23271)

January 2023

The Economics of Financial Markets

Mark Tomass PhD, Independent Scholar

This intensive January session course studies the money market, the bond market, the foreign exchange market, the stock market, and the derivatives market. It provides the analytical skills necessary to understand forces that determine prices of financial and real assets. It also develops a system of tools to show how interest rates, prices of bonds, international capital flows, and exchange rates are simultaneously determined. Finally, it demonstrates how firms use financial derivatives, such as futures, options, and swaps to hedge against risk. Prerequisites: ECON E-10a or the equivalent.

ECON E-1533 Section 1 (16828)

Monetary Policy After the Financial Crisis

Dorian Klein MBA

This course closely examines the path of public policy, whether fiscal stimulus plans or the Federal Reserve's monetary policy, through the nuts and bolts of the actual operations and from the viewpoint of the capital markets. When the Fed or the European Central Bank announces a monthly $85 billion securities buying program, how exactly does this money flow through the markets? When the government bails out a major bank, how does this action affect the bank, its competitors, the markets, future perceptions, and the economy at large? How can central banks affect the economy in an environment of zero and even negative interest rates? Should regulation influence the behavior of firms or individuals? Using the 2008 financial crisis and policy responses thereto as a backdrop, we explore how (and whether) the new capital markets created over the past thirty years as a result of greatly increased financial innovation, globalization, and communication are distorting the economic effect of traditional government monetary and/or fiscal influence. The role of important constituents (commercial and investment banks, exchanges, regulators, hedge funds, and government interventions) are reviewed and evaluated for both past performance and future relevance. The course addresses important current topics in both economics and public policy, such as too big to fail, moral hazard, globalization of markets, currency unions, liquidity traps, efficiency of markets, the role of credit rating agencies, shadow banking, regulation of derivatives and hedge funds, Glass-Steagall, and the Volcker Rule. Following deliberations and analysis of the financial crisis of 2008-2009, we then examine the monetary and fiscal policy responses to the pandemic crisis of 2020-2022. Were these policy responses even more extreme? Did central banks overshoot? Were lessons learned from the financial crisis? Was it too much, leading to inflation and too much debt? Prerequisites: ECON E-10a or ECON E-1000, and basic algebra.

ECON E-1615 Section 1 (26198)

Managerial Economics

Aleksandar Tomic PhD, Associate Dean for Strategy, Innovation, and Technology and Program Director of Master of Science in Applied Economics, Woods College of Advancing Studies, Boston College

This course provides an overview of economic tools and analytic approaches available to the manager for business decision making. It includes such topics as pricing, forecasting, demand analysis, production and cost analysis, and macroeconomic policy as it affects the business environment. The purpose of this course is to develop an economic perspective that is appropriate for students aspiring to manage business units or entire companies in a wide variety of industries. Students may not take both ECON E-1600 and ECON E-1615 for degree or certificate credit. Prerequisites: A satisfactory score on the mandatory test of critical reading and writing skills or a B or higher grade in the alternate expository writing course. ECON E-10a, ECON E-1000, or the equivalent.

ECON E-1661 Section 1 (26251)

Environmental Economics: Perspectives on Climate Change

Ashley Nunes PhD, Fellow, Labor and Worklife Program, Harvard Law School

The course is designed as a broad survey covering the most critical topics in environmental economics today. Economics, the science of how scarce resources are allocated, is at the core of many of our most challenging environmental issues, and therefore vitally important. In a world of increasing scarcity and competing demands, economic analysis can guide public policy to efficient utilization of resources. Market failures are the cause of many of our most serious environmental problems but can be remedied with economic tools. Getting prices to reflect true costs, providing productive incentive structures, and explicitly valuing environmental amenities are the primary goals.

ECON E-1700 Section 1 (15079)

Urban Development Policy

This course reviews development policy making in urban areas, focusing on differing economic, demographic, institutional, and political settings. Course topics include a critical analysis of the continuing viability of cities in the context of current economic and demographic dynamics, fiscal stress, governance, economic development, poverty and race, drugs, homelessness, federal urban policy, and survival strategies for declining cities. The course considers economic development, social equity, and job growth in the context of metropolitan regions, and addresses federal, state, and local government strategies for expanding community economic development and affordable housing opportunities. Of special concern is the continuing spatial and racial isolation and concentration of low-income populations, especially minority populations, residing in urban communities including older, industrial cities. The course examines how market forces and pressures affect the availability of affordable housing, exacerbate the impacts of gentrification, and inhibit the availability of capital for affordable housing and economic development. It also examines how issues around growing housing affordability problems, the changing structure of capital markets, the reduction of low-skilled jobs in central city locations, and racial discrimination combine to limit housing and employment opportunities. Prerequisites: Courses in sociology, political science, urban planning, architecture, public policy, and economics are helpful but not required.

ECON E-1920 Section 1 (16611)

Capital Markets and Investments

Students are exposed to the framework of modern portfolio theory and investment analysis with which they can critically evaluate alternatives relating to investing in financial securities and construct portfolios with desired risk/return characteristics. The course examines capital markets and fundamental models used in securities analysis and portfolio management. Topics include financial instruments, the organization of securities markets and trading, modern portfolio theory, asset pricing models, market efficiency, behavioral finance and technical analysis, bond valuation and the management of bond portfolios, valuation of equities, active versus passive investing, the role of derivative securities in investing, and performance evaluation. Prerequisites: MGMT E-2000 or the equivalent course or experience; a course or courses in quantitative methods such as basic statistics or college algebra.

ECON E-1920 Section 2 (14510)

Econ e-1920 section 3 (16764), econ e-1920 section 1 (25654), econ e-1925w section 1 (26500).

Emerging Markets: Active Learning Weekend

Peter Marber PhD, Chief Investment Officer for Emerging Markets, Aperture Investors, and Adjunct Instructor, Finance, Johns Hopkins Carey Business School

What makes investing in emerging markets countries from Asia, Africa, Latin America, the Middle East, and Eastern Europe different from investing in developed markets in the United States, West Europe, or Japan? What are the benefits of adding these markets to a traditional investment portfolio? How have these markets been shaped by COVID-19 and the recent Russian invasion of Ukraine? How do frontier markets fit into the mix? As a companion course to ECON E-1925, this active learning weekend helps explore emerging markets through a mix of guest speakers, case studies, and problem sets. Students strengthen their quantitative and qualitative skills to improve their investment acumen in these burgeoning markets. Over the weekend, the course dive deep into the practical aspects and limitations of trading and investing in the asset mix covered in ECON E-1925 as both an individual and institutional investor. Students examine investment indices and strategies that professional investors use to outperform them. We also investigate the rise of China and state capitalism, and how this trend may rival traditional market-based systems. Prerequisites: Students must be concurrently enrolled in ECON E-1925 in order to enroll in this course.

ECON E-1925 Section 1 (26465)

Emerging Markets: Investment Theories and Practice

Globalization is no longer an academic theory; it is a reality that affects all of our lives. From the foods we eat to the goods we buy, the ubiquity of developing countries from Latin America, Asia, Africa, the Middle East, and former Soviet Union those frequently referred to as emerging markets intensifies daily. Yet beyond the well-documented commercial and cultural impacts of globalization, there are strong but less visible trends toward greater global financial and investment integration. What makes emerging financial markets different from those in the US, Europe, or Japan? What are the benefits of adding these markets to a traditional investment portfolio? How do policies shape these markets? Why invest in certain countries versus others? Within a country, which asset class should we invest in? How do hedge funds approach these markets vs. traditional investors? How has COVID-19 pandemic altered the trajectories of developing and industrialized countries? From the practical perspective of a US institutional investor, this course is geared to help answer these questions. This course has an optional, concurrent on-campus active learning weekend, ECON E-1925w. In a noncredit format, you can extend your learning on the topic while engaging with peers and faculty on the Harvard University campus. If you successfully participate in the entire weekend, ECON E-1925 and ECON E-1925w fulfill four credits of on-campus course work for the Bachelor of Liberal Arts (ALB) or Master of Liberal Arts (ALM), management or finance degrees. Prerequisites: Basic knowledge of finance and a modest competency with Microsoft Excel and/or a financial calculator. Prior course work or work experience in finance would also be useful.

ECON E-1944 Section 1 (26443)

History of Financial Crises 1637-2022

The goal of this course is to discuss the 385-year history of financial crisis culminating in the financial crisis of 2008. We ascertain recurring historical patterns of financial bubbles without, however, overlooking critical differences. If history repeats itself, why can't we avoid making the same mistakes repeatedly? The great meltdown happened at a time when most mainstream macroeconomists (including none other than the former Federal Reserve Chairman Ben Bernanke) were writing about how great everything was going since business cycles had vanished for all practical purposes. They were obviously dead wrong. The historical evidence enables us to gain a more thorough understanding of global finance, which influences our lives to such a great extent. Our primary aim is not to concentrate on facts, theorems, or numbers, but rather to see the big picture in a multi-disciplinary and long-run perspective, integrating the knowledge gained from the work of such Nobel Prize-winning behavioral economists as Robert Shiller and Daniel Kahneman. We also explore our current economic situation, including the aftermath of the Wall Street bailouts that forgot to bail out the people on main street and stood by as nine million people were evicted from their homes. We also discuss the aftermath of the crisis, its effect on the rise of populism, and ends by outlining the main impact of the COVID-19 pandemic on the financial world.

Harvard University Fully Funded PhD Program in Economics

Harvard university department of economics.

Harvard University located in Cambridge, Massachusetts offers a fully funded PhD Program in Economics. Economics students are expected to have a basic understanding of economics and mathematics, but a major or master’s in economics is not required. There are many disciplines students can focus on for their doctoral research including environmental economics, economic growth and development, monetary and fiscal policy, international economics, law and economics, behavioral economics, labor economics, and economic history. Students in our program are awarded a financial package that includes tuition, single-person health insurance, a living stipend for the first two years, teaching and research assistant stipends, and a completion fellowship in the final year of the program.

  • Deadline: Dec 01, 2024 (Confirmed)*
  • Work Experience: Any
  • Location: North America
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  • Residency: United States

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Business Economics

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Jointly administered by HBS and the Department of Economics in the Faculty of Arts and Sciences, students in the program are both economics and business school students, receiving the benefits of a PhD from Harvard’s world-class Economics Department along with specialized access to HBS faculty and resources.  The program combines theoretical analysis with in-depth, interdisciplinary research rooted in real-world applications.

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PhD in Economics at the prestigious Harvard University is a prestigious degree that offers in-depth learning in Economics. Being a renowned university, Harvard University receives enough funds to ensure the best education facilities for its students across all programs. This doctorate program offered full-time primarily focuses on the practical implementation of fresh ideas through rigorous study and research. The students are encouraged to add new aspects and findings to the existing area of knowledge. PhD in Economics at Harvard is ranked globally by estimated organisations. Such recognition speaks volumes about the course’s importance and effectiveness in the present scenario. The top-notch faculty, modern facilities, and the aura of creativity and innovation in the Harvard campus is a life-changing experience for the students looking forward to kickstarting or upgrading their careers. Overall, a PhD in Economics at Harvard University is an excellent opportunity to grow into a learned professional and bring new developments in the world.

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Harvard Graduate School of Design Awards Thandi Loewenson Wheelwright Prize 2024

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  • Written by Nour Fakharany
  • Published on July 02, 2024

Harvard University Graduate School of Design (GSD) has just announced Thandi Loewenson as the winner of the 2024 Wheelwright Prize . The prestigious $100,000 grant is dedicated to supporting innovative research in contemporary architecture with a global perspective. Loewenson’s project, “Black Papers: Beyond the Politics of Land, Towards African Policies of Earth & Air,” explores the social and spatial dynamics in modern Africa.

Harvard Graduate School of Design Awards Thandi Loewenson Wheelwright Prize 2024 - Image 1 of 2

Unlike traditional analyses of land in African liberation movements and postcolonial governance, Loewenson introduces a framework titled “The Entanglement of Earth and Air.” Expanding the concept of land to include overlapping terrains, from rare metals within Earth to the digital cloud in Earth’s ionosphere. The project also investigates how colonial capitalist systems of radicalization, dispossession, and exploitation persist across these intertwined realms. The Wheelwright Prize will fund her study to utilize aerial surveying techniques and “mine technology metals” to create a comprehensive network that underpins a global system of digital dispossession.

Presented in the form of “Black Papers,” the study aims to influence policy discourse and public perception through drawings, films, performances, and critical creative writing. “Redefining architectural research,” Thandi’s project will focus on seven African nations: the Democratic Republic of Congo , Ghana , Kenya , Senegal , South Africa , Zambia , and Zimbabwe . Moreover, her work “connects scholarly research with material practice, extending its impact through creative policy proposals.”

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Born in Harare, the Wheelwright Prize laureate is an architectural designer and researcher who utilizes design, fiction, and performance to encourage emancipatory political thought and collective action. She holds a PhD in Architectural Design from The Bartlett, UCL , and was selected from a competitive pool of international applicants, with the jury also commending finalists Meriem Chabani, Nathan Friedman, and Ryan Roark for their research proposals. Additionally, her installation, “The Uhuru Catalogues,” was featured in the 2023 Venice Biennale , which was focused on Africa as a Laboratory, also reflecting this innovative approach.

Harvard Graduate School of Design Awards Thandi Loewenson Wheelwright Prize 2024 - Image 2 of 2

Architectural awards and prizes recognize and celebrate design excellence, fostering innovation across the discipline. In other similar news, the Tokyo International Forum, designed by Rafael Vińoly Architects, has just been honored with the prestigious AIA Twenty-five Year Award. Additionally, the European Collective Housing Award has recently selected the winners for the 2024 cycle. Similarly, New York-based architecture office WEISS/MANFREDI has recently named the 37th recipient of the Louis. l. Khan Award.

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  1. PhD Program

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  25. Harvard Graduate School of Design Awards Thandi Loewenson ...

    Harvard University Graduate School of Design (GSD) has just announced Thandi Loewenson as the winner of the 2024 Wheelwright Prize. The prestigious $100,000 grant is dedicated to supporting ...

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