Welcome
Welcome to the Department of Economics at Iowa State University. We provide the intellectual home to a set of dedicated and talented faculty, motivated and extremely capable staff, and a diverse group of enthusiastic undergraduate and graduate students.
What is Economics?
Economics is the study of what individuals, institutions, and economic systems do, or should do, as they deal with the problem of satisfying virtually unlimited wants with scarce resources. Economics deals with choices and optimization, typically embedded in a market system where the notion of equilibrium is essential and where prices play a crucial role. Economics provides a logical and ordered way of looking at a wide variety of issues, and the principles of economics are finding growing applicability in a number of fields. An understanding of economic concepts can provide substantial personal and social benefits.
Kling named Charles F. Curtiss Distinguished Professor
Catherine Kling, professor of economics and interim CARD director, was recently named a Charles F. Curtiss Distinguished Professor in Agriculture and Life Sciences. Kling has been the head of CARD's Resource and Environmental Policy Division since 1999, and has served as the interim director since 2011.
Calhoun uses statistical analysis to make sports projections
With 24-hour sports networks and social media, there is no shortage of sports information and statistics for fans to access. But a desire for better analysis of those statistics led Assistant Professor Gray Calhoun to create VisualScoreboard.com, a website designed to give fans a breakdown of the game and make projections on future matchups through statistical analysis.
Duffy honored by American Agricultural Editors’ Association
Mike Duffy will be presented the Distinguished Service Award this summer by the American Agricultural Editors’ Association. “Mike’s leadership in helping beginning farmers for nearly 20 years has helped to facilitate the transfer and transition of farm operations between multiple generations,” said Dan Zinkand, an agricultural journalist and AAEA member who led Duffy’s nomination effort.


Catherine Kling, professor of economics and interim CARD director, was recently named a Charles F. Curtiss Distinguished Professor in Agriculture and Life Sciences. Kling has been the head of CARD’s Resource and Environmental Policy Division since 1999, and has served as the interim director since 2011.

