SMU Department of Economics

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.

Click here to read the Fall 2017 Newsletter.


Major Joint Initiative with George W. Bush Institute to launch June 1

The George W. Bush Institute and SMU’s Department of Economics are launching a joint economic policy initiative, with the mission of advancing policy ideas to promote economic growth and opportunity in the United States and around the world. The Initiative represents a major commitment from the Bush Center-SMU joint endowment, which the two institution established at the time of the Bush Center’s launch in 2009, and will build significantly on the successful collaborative relationship that has developed between SMU and the Bush Center since then. The Initiative aims to leverage the action-oriented approach of the Bush Center and academic and research excellence of SMU’s Department of Economics and other parts of the University. The Initiative’s leadership will include Managing Director Matthew Rooney, Director Cullum Clark (who serves concurrently as an Adjunct Professor in the Department of Economics), and Deputy Director Laura Collins. Learn more >>