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.

Read more about the department.

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.


Meyer awarded prize through EPA competition

Kevin Meyer, fourth year PhD student, was recently awarded a $2000 prize through the National Aquatic Resource Survey (NARS) Campus Research Challenge (through the EPA) for his proposal on water quality.

The NARS challenge is intended to encourage external, innovative research and information development in support of enhanced water management at multiple scales. Students and their projects are featured on the NARS website (http://water.epa.gov/type/watersheds/monitoring/nars-challenge.cfm), and winners may be offered opportunities to speak on webcasts, at meetings, or other events.

Liu honored for teaching excellence

Xiying Liu, sixth year PhD student, has been awarded the Department of Economics Teaching Excellence Award for 2013-2014. She joins graduate students Yang He, Sandip Sureka, James Whitmore, and Rui Lu, who were awarded for the same academic year.

Graduate students are nominated annually who show excellence in working with undergraduate students. They receive a letter of commendation from President Leath, an honor cord to wear at commencement, and a $100 bonus toward their U-bill for fall 2014.

Photos of AAEA awardees now online

A gallery of photos which include all AAEA award winners from the recent annual meeting in Minneapolis, Minnesota are now available for download at the following link: https://www.facebook.com/profile.php?id=100005957295951&sk=photos&collec...

Department welcomes lecturer Heath Henderson

The department wishes to welcome a new lecturer, Heath Henderson.

Henderson was previously a research fellow at the Inter-American Development Bank in Washington, DC, where he conducted research and supported impact evaluations in such countries as Brazil, Costa Rica, and Ecuador. His research interests include agricultural economics, computational economics, development economics, and econometrics. He received his PhD in economics and an MA in international politics from American University in Washington, DC.

Contact Henderson at: 166D Heady Hall (515) 294-8122 heathh@iastate.edu.

Upcoming Seminars

Ask an Economist

Consider the possibilities of a graduate degree in economics. Read student stories here.