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.


Undergrad econ major Nguyen named Cargill Global Scholar

Hieu Nguyen, economics, math, and finance major, is one of three Iowa State students chosen by Cargill and the Institute of International Education as Cargill Global Scholar for the 2013-2014 academic year.

The program, in its second year, is for undergraduate students from the United States, Brazil, Russia, India and China who demonstrate academic achievement, leadership potential and study in a field relevant to Cargill’s world of food, agriculture and risk management. Scholars will be given the opportunity to develop leadership competencies through training modules, mentoring and coaching by Cargill employees, as well as learning and networking opportunities with Cargill businesses.

Learn more at: http://www.las.iastate.edu/two-liberal-arts-and-sciences-students-are-na...

Spring 2014 CARD Agricultural Policy Review now available

Read the most recent edition of the Center for Agricultural and Rural Development's publication Ag Policy Review at: www.card.iastate.edu/ag_policy_review/

Harkin credits CVC in Congressional Record

The Community Vitality Center (CVC) was recently credited by Senator Tom Harkin in the Senate Congressional Record. Harkin is touring Iowa counties within his jurisdiction, noting the accomplishments and changes which came about through the support of Congressional  appropriations. In his remarks on Story County, and in particular Iowa State, he credits the CVC with its impact on small and medium sized communities within the state.

Professor Mark Edelman, CVC director, said that he is "pleased the Senator thought enough of the CVC to include it in his language regarding Iowa State." Read the full Congressional Record by clicking on the CVC logo, left.

Iowa EPSCoR Energy Innovator now available online

Professor John Beghin and Assistant Professor Sebastien Pouliot are featured in the recent online edition of the Iowa EPSCoR Energy Innovator, a publication of the Iowa NSF EPSCoR project.

EPSCoR was made possible by a National Science Foundation (NSF) $20 million, five-year grant to build Iowa's research capacity in renewable energy and energy efficiency. The Iowa Power Fund also granted the project $2 million. The project provides support for key research areas at Iowa’s Regents Institutions while establishing partnerships with the state’s community colleges, private colleges, school districts, government agencies and industries.

Read the online newsletter at: http://us5.campaign-archive1.com/?u=443e2f5242ecc4840406b8988&id=d5bde8d...

Ask an Economist

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