Economics

News

Sisay Asefa and Wei-Chiao Huang have edited a new book titled “The Political Economy of Good Governance.” The book, just released by the Upjohn Press, features papers presented by a notable group of social scientists during WMU’s 2012-13 Sichel Lecture Series. Asefa and Huang wrote the book’s introduction, presenting a useful definition of governance as well as the general points of good governance and challenges to it. They also wrote the final chapter, which examines topics that relate governance to sustainable development and poverty reduction. The book’s contributors explore additional key dimensions of good governance, as well as what deleterious and negative consequences may arise in its absence. They connect the importance of education, health, climate change, political parties and other issues to address the challenges of creating a world where more countries embrace good governance policies to benefit their peoples.

Congratulations to our alumni Isabel Ruis and Carlos Vargas-Silva (Ph.D. 2006) for their recent publication in the most prestigious economics journal: Ruiz, Isabel, and Carlos Vargas-Silva. 2015. "The Labor Market Impacts of Forced Migration." American Economic Review, 105(5): 581-86.

Economics

The Department of Economics at Western Michigan University plays a major role in enhancing basic economic understanding on campus in economics programs and through its inclusion in the curricula of other programs such as business, engineering and general education.

At the undergraduate level, the department offers both a major and minor that equip students for employment or for further professional study.

At the graduate level, the Master of Arts and Doctor of Philosophy degrees prepare students for careers as professional economists in both academic and nonacademic settings.