We teach students to apply data, empirical methods and economic theory to study real-world events. Nearly two-thirds of Amherst graduates have taken our introductory course. We are proud to count two Nobel laureates among our alumni.
Study the central problem of scarcity and the ways in which the U.S. economic system allocates scarce resources among competing ends and apportions goods among people.
Mechanism design uses game theory to design systems, institutions, and mechanisms to achieve desired outcomes—we will study this theory and how it is used to design auctions, tax schemes, and matching mechanisms.