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.

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.

News

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.


Check out stories of recent grads here.