Univertsity of Chicago: Department of Economics


Economics Graduates Come Back to Campus for Alumni Weekend, June 2008

On Friday, June 6, revisit Hyde Park and join fellow graduates, faculty and current students to celebrate Chicago Economics with a schedule of activities starting with an informal lunch with faculty, followed by a workshop and finishing up with what has become a tradition for our graduate students, the TGIF. There will be time during the afternoon to catch up with fellow graduates, visit old haunts in the Social Sciences Research Building, and check out our new space in Rosenwald Hall.

To register online go to: http://alumniweekend.uchicago.edu/

If you have any questions or queries about the Economics Department events please contact Nina Herbst at nherbst@uchicago.edu or call on (773) 834-9067.

In The News

Roger B. Myerson, the Glen A. Lloyd Distinguished Service Professor in Economics and the College, was awarded the Nobel Prize in Economic Science "for having laid the foundations of mechanism design theory." Myerson earned one-third of the prize along with colleagues Leonid Hurwicz of the University of Minnesota and Eric S. Maskin of the Institute for Advanced Study.

Myerson is the author of Game Theory: Analysis of Conflict (1991) and Probability Models for Economic Decisions (2005). Myerson has published computer software programs related to his work and more than 70 papers on game theory and other topics concerning his research. He has been both a Guggenheim fellow and a Sloan Foundation research fellow
.

Color Myerson

Press Contact: William Harms , (773) 702-8356

A reception was held at the Quad Club on Wednesday, October 24, 2007 from 5:30 - 7:00 p.m. in honor of Roger Myerson.


May 13, 2008: Derek Neal is elected President-Elect of the Midwest Economics Association, and a Fellow of the Society of Labor Economists.


April 24, 2008: Gary S. Becker to receive 2008 Bradley Prize for Outstanding Achievement. The Lynde and Harry Bradley Foundation's selection committee chose Professor Becker for his "pioneering work in the fields of economics and human behavior [that] has revolutionized those fields of study and inspired a generation of economists." Professor Becker will be honored June 4th at the John F. Kennedy Center for the Performing Arts. [Bradley Foundation's press release at the University's News Office]

Professor David Galenson, University of Chicago's Experts Page

April 3, 2008: David Galenson (right) receives 2008 Guggenheim Fellowship: "Why is 20th century art so distinctively different from the art of its predecessors?" Professor Galenson will use his fellowship to explore this question as part of an upcoming book that will offer a "unified explanation of how and why artists created this work and behaved in these novel ways." [Guggenheim Foundation's Press Release; Article from the University of Chicago Chronicle; David Galenson's Experts Page from the University of Chicago's News Office]

Professor Becker receives Medal of Freedom, November 5, 2007

Gary S. Becker awarded the 2007 Presidential Medal of Freedom. Professor Becker received the nation's highest civilian honor November 5th at the White House for his lifetime of work analyzing the "interaction between economics and topics such as education, demography, and family organization" helping to "improve the standard of living for people around the world" [White House Announcement].

This is the latest honor for Professor Becker, recipient of the 1992 Nobel Prize in Economic Sciences and the National Medal of Science in 2000.

He currently holds appointments and teaches in the departments of Economics, Sociology, and the Graduate School of Business.[Additional information on his life and work]

Other 2007-2008 Announcements, Events, and Honors

December 14, 2007: The fourth meeting of the Chicago Workshop on Black-White Inequality will meet in Classics 110 for a program discussing race and health outcomes.
[Full schedule] Please email Stephanie Maras for additional information on future events.

November 15, 2007: Professor Robert Lucas delivers the annual World Bank Development Economics Lecture from 11 am to 1 pm EST. [details, webcast]

November 11, 2007 Washington Post: Professor David Galenson details "5 Myths About Artists." He also offered an editorial in the November 7 issue of USA Today:
World shouldn't look past 'the wisdom of the elders.'

Professor Galenson studies the economics of creativity and is author of Old Masters and Young Geniuses: The Two Life Cycles of Artistic Creativity.

D. Gale Johnson Memorial Lecture, Monday October 29: Professor William Easterly of New York University, author of The White Man's Burden and The Elusive Quest for Growth, gave the 2007 D. Gale Johnson Memorial Lecture in Swift Hall's third floor Lecture Hall Monday, October 29 at 3:30 pm. His lecture was entitled 'Markets vs. Experts in Discovering Development Success.' A reception followed in Swift Hall's Commons Room on the first floor. Easterly is Professor of Economics at NYU (joint with Africa House) and Co-Director of the Development Research Institute. He is currently a Visiting Fellow of the Brookings Institution's Global Economy and Development Program.

Lars Peter Hansen, the Homer J. Livingston Distinguished Service Professor of Economics and the College at the University of Chicago delivered the Erwin Plein Nemmers Prize Lecture in Economics entitled "Toward a Term Structure of Macroeconomic Risk: Pricing Unexpected Growth Fluctuations" at Northwestern University's McCormick Tribune Center, 1870 Campus Drive, Evanston, IL on Thursday, October 25, 2007 at 3:30 p.m.

The 2007 Nemmers Prize Conference entitled "Topics in Macroeconomics" took place on Friday, October 26, 2007 from 9:00 a.m. - 5:45 p.m. and Saturday, October 27, 2007 from 9:00 a.m. - 2:00 p.m. in the James L. Allen Center of the Tribune Auditorium. [details]

September 19, 2007 Wall Street Journal Op-Ed by Professor Robert Lucas: Mortgages and Monetary Policy: Our economy is strong. There's no need to panic.

Professor Robert Lucas, Jr. is the John Dewey Distinguished Service Professor in Economics and the College and Co-Director of Graduate Placement (at Chicago since 1974). Nobel Prize in Economics, 1995.

The Department of Economics welcomes new faculty members: The Department of Economics is pleased to welcome Professor Harald Uhlig, Assistant Professor Emily Oster, and Assistant Professor Azeem Shaikh for the 2007-2008 academic year. [details]

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