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.
Hegi Family Career Center
In partnership with the Career Center, the Economics Department hosted its first networking event for students and alumni on October 21. Students talked with recent graduates about career opportunities for Economics majors.
Major Gift News
Distinguished alum and private investor Charles Mangum gave a million dollar gift to SMU for two teaching awards - one in Economics and the other in Accounting, the two disciplines that (according to him) offered the most challenging courses in his undergraduate curriculum at SMU. Read more.