Economics is the science which studies how individuals, governments, firms and nations make choices on allocating scarce resources to create value in society.
Economics at SMU
The Department of Economics at Southern Methodist University is highly ranked among economics departments in the United States and offers comprehensive coverage of the major fields in modern economics. In the latest (2006) study of 118 PhD granting economics departments in the US by the National Research Council, our department had a mean rank of 11 in research productivity per faculty.
Economics is the most popular undergraduate major in Dedman College and is generally the second largest major in the university. The undergraduate program in Economics emphasizes rigorous education in modern methods of economic analysis.
The department has been at the forefront of graduate education at SMU. The Ph.D. program in Economics is over 55 years old and was the first Ph.D. program in the university. It has a strong national reputation and an excellent placement record in both academic and non-academic positions.
We also offer multiple Master’s degrees that emphasize strong training in quantitative techniques of economic and econometric analysis and are geared towards business and government professionals.
The department is located in the third floor of the Umphrey Lee Center.
Upcoming Book Release
From the Dismal Science to the Moral Science
Mona Hersh-Cochran, the first female Ph.D. graduate of economics at SMU, along with her collegues, Susan Dadres and David Molina, collected and published articles of her late husband, Kendall Cochran (also a Ph.D. graduate of the economics program at SMU), in a book focused on the moral obligation of economists to provide policy recommendations consistent with a social agenda of fairness and opportunity. Learn more...
November 7-8, 2014
The Stata TX Empirical Microeconomics Conference
The Stata Texas Empirical Microeconomics Conference is an annual gathering of empirical microeconomists from the (great) state of Texas. The primary goal of the conference is to bring together empirical economists of the host institutions to discuss current research in all areas of empirical microeconomics. Learn more...
Dr. Klaus Desmet
The SMU Department of Economics is pleased to welcome Dr. Klaus Desmet as the Ruth and Kenneth Altshuler Centennial Interdisciplinary Professor in Economics. Click here to visit Klaus's website to learn of his research interests and publications.