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Princeton University Department of Economics

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1680: 257:. It receives approximately 800 applications for a class of 20 to 25 students who come from over 30 different countries around the world. The program has numerous fields of specialization and has been particularly strong in the areas of Macroeconomics, Industrial Relations, and International Finance. Graduate students who pursue academic careers have historically had placement records at some of the world's leading universities including Harvard, Yale, MIT, and Cornell. 24: 2541: 275: 230:) at the undergraduate level. Because the university does not have a business school, the economics concentration attracts many students who are interested in careers in investment banking, management consulting, finance, technology, and more. The curriculum itself is theoretical in nature, requiring students complete quantitative courses up to multivariate calculus. In partnership with the 2553: 213:
became a professor in 1890, additional courses were added to the curriculum, including the History of Political Economy. By 1913, the department became independent from history and politics, forming the Department of Economics and Social Institutions.
1955: 1586: 136:. The university offers undergraduate A.B. degrees, as well as graduate degrees at the Ph.D. level. It is often considered one of the "big five" schools in the field, along with the faculties at the 1639: 174: 1624: 1239: 226:
program is one of the most prestigious programs for the study of economics in the country and in the world. Economics is the most popular concentration (Princeton's version of an academic
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The department is centered at the Julis Romo Rabinowitz Building & Louis A. Simpson International Building, formerly 20 Washington Road, which also houses the
1559: 1629: 1569: 1221: 485: 880: 1920: 1807: 1581: 2631: 1960: 1564: 198: 992: 2477: 414: 368: 2482: 2023: 1614: 973: 2365: 2345: 1842: 531: 1890: 1875: 1777: 1665: 2242: 1913: 1698: 1688: 1576: 2380: 2360: 2340: 644:"for their pioneering research into economic development research with particular consideration of the problems of developing countries" 1945: 1660: 1495: 2375: 363: 167: 2438: 726: 678: 2487: 2443: 2397: 2392: 1634: 1524: 1782: 1517: 1057: 461: 2556: 2252: 2611: 2544: 2033: 1994: 1644: 648: 317: 1185: 955: 2456: 1925: 1817: 818: 465: 382: 1787: 1609: 860: 855: 291: 280: 231: 178: 149: 1131: 350: 154: 1112: 158:, its graduate department is ranked as the joint No. 4 in the field of economics, in a four-way tie between it, the 2621: 2287: 2221: 2002: 1812: 870: 2517: 2413: 2352: 2332: 2201: 2159: 2038: 865: 2215: 2118: 1967: 1275: 918: 799: 722: 1075: 2282: 2262: 2208: 1728: 1488: 1000: 828: 2522: 2180: 1713: 809: 718: 571: 2511: 2423: 2237: 2108: 2078: 2053: 823: 795: 355: 159: 137: 129: 86: 1679: 1021: 937: 2322: 2277: 2139: 2007: 1504: 1149: 781: 615: 372:
rankings place the university at No. 2 in the S-Rank (Scholars Rank) and No. 2 in the Research Rank.
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places its graduate department as No. 4 nationwide in the field of Economics, tied there with the
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The Julis Romo Rabinowitz Building at Princeton University, home to the Department of Economics
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Professor of Economics and Public Affairs (1985–2002); Department's chair (1996–2002)
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Among the department's past and current faculty members are several recipients of the
2605: 2194: 2043: 1906: 1837: 1723: 843: 814: 791: 771: 761: 736: 623:"for their pioneering analysis of equilibria in the theory of non-cooperative games" 223: 202: 1167: 1093: 274: 2134: 2073: 2058: 1743: 1718: 900: 713: 708: 693: 674: 560: 499: 449: 387: 751: 741: 1438:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1979" 1414:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1994" 1390:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2007" 1366:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2008" 1342:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2011" 1318:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2015" 1294:"The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2022" 421:
Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel laureates
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The Benjamin H. Griswold III, Class of 1933, Center for Economic Policy Studies
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The department also oversees a number of centers and initiatives, including:
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Dwight D. Eisenhower Professor of Economics and International Affairs
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Approximately 300+ undergraduate students and 141 graduate students
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Princeton Experimental Laboratory for the Social Sciences (PExL)
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The Gregory C. and Paula K. Chow Macroeconomic Research Program
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ranks the department as No. 7 globally. It has been ranked by
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Since the university's founding in 1746, many courses in the
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Princeton Institute for International and Regional Studies
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Visiting Lecturer with the rank of Professor of Economics
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Professor of Economics and International Affairs Emeritus
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Director of the Institute of Financial Studies at China's
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Princeton Institute for International and Regional Studies
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Other notably past and present faculty members include:
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Harold B. Helms ’20 Professor of Economics and Banking
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Louis A. Simpson Center for the Study of Macroeconomics
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among the top ten economics Departments in the world.
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Julis-Rabinowitz Center for Public Policy and Finance
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Julis-Rabinowitz Center for Public Policy and Finance
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Julis-Rabinowitz Center for Public Policy and Finance
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Dietrich II Economic Theory Center 8: 1172:Princeton University Department of Economics 1154:Princeton University Department of Economics 1098:Princeton University Department of Economics 1080:Princeton University Department of Economics 1062:Princeton University Department of Economics 1044:Princeton University Department of Economics 923:Princeton University Department of Economics 905:Princeton University Department of Economics 881:University of Rochester Economics Department 114:Princeton University Department of Economics 17:Princeton University Department of Economics 16: 2627:University departments in the United States 2307: 1938: 1592:School of Public and International Affairs 1539: 1496: 1482: 1474: 419: 262: 15: 2478:1869 New Jersey vs. Rutgers football game 1587:School of Engineering and Applied Science 415:Nobel Memorial Prize in Economic Sciences 409:Nobel Memorial Prize in Economic Sciences 2483:1922 Princeton vs. Chicago football game 1615:Center for Information Technology Policy 892: 464:(2006–2014); 23rd Chairman of the  328:Research Program in Development Studies 532:Erwin Plein Nemmers Prize in Economics 1666:Geophysical Fluid Dynamics Laboratory 7: 2552: 679:Vice Chairman of the Federal Reserve 1661:Princeton Plasma Physics Laboratory 1204:"Doctoral Programs by the Numbers" 364:University of California, Berkeley 168:University of California, Berkeley 14: 2632:1913 establishments in New Jersey 2439:Powers Field at Princeton Stadium 1208:The Chronicle of Higher Education 727:United States Ambassador to India 649:black person to win a Nobel Prize 2551: 2540: 2539: 2243:American Whig-Cliosophic Society 1678: 1635:Princeton Neuroscience Institute 1240:"World University Rankings 2018" 537:Visiting Professor of Economics 273: 22: 1951:American Whig-Clisophic Society 462:Chairman of the Federal Reserve 314:International Economics Section 305:Center for Health and Wellbeing 1848:Putnam Collection of Sculpture 628:Senior Research Mathematician 383:Q.S. World University Rankings 1: 1995:Jane Eliza Procter Fellowship 1645:Office of Population Research 993:"The Department of Economics" 817:, the 30th Chair of the  318:Office of Population Research 152:. According to the 2023-2024 2488:Rutgers–Princeton Cannon War 1833:Princeton Branch (The Dinky) 1190:U.S. News & World Report 960:U.S. News & World Report 919:"Graduate Student Directory" 819:Council of Economic Advisers 466:Council of Economic Advisers 351:U.S. News & World Report 311:Industrial Relations Section 241:program in economics trains 155:U.S. News & World Report 69:65 full-time faculty members 1610:Bendheim Center for Finance 861:Chicago School of Economics 856:MIT Department of Economics 369:National Research Council's 292:Bendheim Center for Finance 281:Bendheim Center for Finance 232:Bendheim Center for Finance 179:Bendheim Center for Finance 2648: 2288:Two Dickinson Street Co-op 2222:Princeton University Press 2003:Princeton Club of New York 871:London School of Economics 388:Economics and Econometrics 2535: 2518:Princeton University Band 2202:The Princeton Progressive 1941: 1926:Washington Road Elm AllĂ©e 1676: 1513: 866:Paris School of Economics 527: 516: 456: 445: 441:Department's affiliation 322:Political Economy Program 272: 21: 2216:Princeton Tiger Magazine 1968:Evelyn College for Women 1915:The Hedgehog and the Fox 1276:"Nobel Prize, Economics" 723:post-Keynesian economics 721:, a leading academic on 651:in any scientific field 647:First and (so far) only 245:students for careers in 2209:Princeton Alumni Weekly 1132:"International Finance" 1040:"Undergraduate Program" 942:University of Rochester 128:institution located in 2523:Winged football helmet 2181:The Daily Princetonian 1582:School of Architecture 1244:Times Higher Education 1168:"Centers and Programs" 1113:"Industrial Relations" 810:Esteban Rossi-Hansberg 719:John Kenneth Galbraith 572:John Bates Clark Medal 376:International Rankings 2588:40.34835°N 74.65467°W 2512:Princeton Cannon Song 2424:Class of 1952 Stadium 1852:Residential Colleges 1625:James Madison Program 1136:A Princeton Companion 1117:A Princeton Companion 1076:"Finance Certificate" 997:A Princeton Companion 936:Roessler, Christian. 824:Harold Tafler Shapiro 796:health care economics 356:University of Chicago 160:University of Chicago 138:University of Chicago 130:Princeton, New Jersey 87:Princeton, New Jersey 2612:Princeton University 2008:Princeton Law School 1506:Princeton University 1280:Princeton University 978:Princeton University 782:Wolfgang Pesendorfer 616:John Forbes Nash Jr. 122:Princeton University 58:Princeton University 2593:40.34835; -74.65467 2584: /  1921:Walter Lowrie House 1798:Frist Campus Center 1130:Leitch, Alexander. 1111:Leitch, Alexander. 1094:"The Ph.D. Program" 991:Leitch, Alexander. 699:Markus Brunnermeier 684:Markus Brunnermeier 543:Christopher A. Sims 422: 146:Stanford University 118:academic department 18: 2449:Shea Rowing Center 2188:The Princeton Tory 1803:Joseph Henry House 787:Stephen J. Redding 694:Leah Platt Boustan 581:The New York Times 574:recipient (1991); 420: 142:Harvard University 53:Parent institution 2622:Economics schools 2567: 2566: 2531: 2530: 2419:Bill Clarke Field 2195:The Nassau Weekly 2168: 2167: 2128:Acting presidents 1973:FitzRandolph Gate 1709:Cap and Gown Club 1674: 1673: 757:Nobuhiro Kiyotaki 670:Orley Ashenfelter 658: 657: 521:Thomas J. Sargent 438:Other notability 435:Prize motivation 344:National Rankings 288: 287: 207:Political Economy 110: 109: 2639: 2599: 2598: 2596: 2595: 2594: 2589: 2585: 2582: 2581: 2580: 2577: 2559: 2555: 2554: 2547: 2543: 2542: 2457:University Field 2434:Jadwin Gymnasium 2429:Dillon Gymnasium 2414:Hobey Baker Rink 2328:Princeton Tigers 2308: 1939: 1881:New College West 1823:McCarter Theatre 1691: 1682: 1540: 1527: 1520: 1507: 1498: 1491: 1484: 1475: 1470: 1469: 1467:Official website 1452: 1451: 1449: 1448: 1434: 1428: 1427: 1425: 1424: 1410: 1404: 1403: 1401: 1400: 1386: 1380: 1379: 1377: 1376: 1362: 1356: 1355: 1353: 1352: 1338: 1332: 1331: 1329: 1328: 1314: 1308: 1307: 1305: 1304: 1290: 1284: 1283: 1272: 1266: 1265: 1254: 1248: 1247: 1236: 1230: 1229: 1218: 1212: 1211: 1200: 1194: 1193: 1182: 1176: 1175: 1164: 1158: 1157: 1146: 1140: 1139: 1127: 1121: 1120: 1108: 1102: 1101: 1090: 1084: 1083: 1072: 1066: 1065: 1054: 1048: 1047: 1036: 1030: 1029: 1026:Business Insider 1018: 1012: 1011: 1009: 1008: 999:. Archived from 988: 982: 981: 970: 964: 963: 952: 946: 945: 933: 927: 926: 915: 909: 908: 897: 805:Richard Rogerson 477:Philip H. Dybvig 423: 283:in Princeton, NJ 277: 263: 106: 103: 101: 26: 19: 2647: 2646: 2642: 2641: 2640: 2638: 2637: 2636: 2602: 2601: 2592: 2590: 2586: 2583: 2578: 2575: 2573: 2571: 2570: 2568: 2563: 2557: 2545: 2527: 2492: 2466: 2444:Roberts Stadium 2402: 2299: 2226: 2164: 2123: 2012: 1956:Nobel laureates 1946:Lists of people 1930: 1793:Cleveland Tower 1766: 1739:Quadrangle Club 1689: 1683: 1670: 1649: 1602: 1596: 1577:Graduate School 1544: 1531: 1525: 1518: 1509: 1505: 1502: 1465: 1464: 1461: 1456: 1455: 1446: 1444: 1436: 1435: 1431: 1422: 1420: 1412: 1411: 1407: 1398: 1396: 1388: 1387: 1383: 1374: 1372: 1364: 1363: 1359: 1350: 1348: 1340: 1339: 1335: 1326: 1324: 1316: 1315: 1311: 1302: 1300: 1292: 1291: 1287: 1274: 1273: 1269: 1256: 1255: 1251: 1238: 1237: 1233: 1220: 1219: 1215: 1202: 1201: 1197: 1184: 1183: 1179: 1166: 1165: 1161: 1148: 1147: 1143: 1129: 1128: 1124: 1110: 1109: 1105: 1092: 1091: 1087: 1074: 1073: 1069: 1056: 1055: 1051: 1038: 1037: 1033: 1020: 1019: 1015: 1006: 1004: 990: 989: 985: 972: 971: 967: 954: 953: 949: 935: 934: 930: 917: 916: 912: 899: 898: 894: 889: 852: 794:, a scholar on 767:Ilyana Kuziemko 732:Mikhail Golosov 709:Janet M. Currie 637:W. Arthur Lewis 411: 406: 404:Notable faculty 378: 360:Yale University 346: 341: 284: 268: 220: 195:social sciences 191: 164:Yale University 98: 90: 89:, United States 66: 54: 29: 12: 11: 5: 2645: 2643: 2635: 2634: 2629: 2624: 2619: 2614: 2604: 2603: 2565: 2564: 2562: 2561: 2549: 2536: 2533: 2532: 2529: 2528: 2526: 2525: 2520: 2515: 2508: 2505:The First Game 2500: 2498: 2494: 2493: 2491: 2490: 2485: 2480: 2474: 2472: 2468: 2467: 2465: 2464: 2462:Palmer Stadium 2459: 2451: 2446: 2441: 2436: 2431: 2426: 2421: 2416: 2410: 2408: 2404: 2403: 2401: 2400: 2395: 2390: 2385: 2384: 2383: 2378: 2370: 2369: 2368: 2363: 2355: 2350: 2349: 2348: 2343: 2335: 2330: 2325: 2320: 2314: 2312: 2305: 2301: 2300: 2298: 2297: 2290: 2285: 2280: 2275: 2273:Theatre Intime 2270: 2265: 2260: 2255: 2250: 2245: 2240: 2234: 2232: 2228: 2227: 2225: 2224: 2219: 2212: 2205: 2198: 2191: 2184: 2176: 2174: 2170: 2169: 2166: 2165: 2163: 2162: 2157: 2152: 2147: 2142: 2137: 2131: 2129: 2125: 2124: 2122: 2121: 2116: 2111: 2106: 2101: 2096: 2091: 2086: 2081: 2076: 2071: 2066: 2061: 2056: 2051: 2046: 2041: 2036: 2031: 2026: 2020: 2018: 2014: 2013: 2011: 2010: 2005: 1997: 1992: 1987: 1980: 1975: 1970: 1965: 1964: 1963: 1958: 1953: 1942: 1936: 1932: 1931: 1929: 1928: 1923: 1918: 1911: 1910: 1909: 1901: 1893: 1888: 1883: 1878: 1873: 1868: 1863: 1858: 1850: 1845: 1843:Prospect House 1840: 1835: 1830: 1825: 1820: 1815: 1810: 1805: 1800: 1795: 1790: 1785: 1780: 1778:Alexander Hall 1774: 1772: 1768: 1767: 1765: 1764: 1756: 1751: 1746: 1741: 1736: 1731: 1726: 1721: 1716: 1711: 1706: 1701: 1695: 1693: 1685: 1684: 1677: 1675: 1672: 1671: 1669: 1668: 1663: 1657: 1655: 1651: 1650: 1648: 1647: 1642: 1637: 1632: 1627: 1622: 1617: 1612: 1606: 1604: 1598: 1597: 1595: 1594: 1589: 1584: 1579: 1574: 1573: 1572: 1567: 1562: 1557: 1551:Department of 1548: 1546: 1537: 1533: 1532: 1530: 1529: 1522: 1514: 1511: 1510: 1503: 1501: 1500: 1493: 1486: 1478: 1472: 1471: 1460: 1459:External links 1457: 1454: 1453: 1442:NobelPrize.org 1429: 1418:NobelPrize.org 1405: 1394:NobelPrize.org 1381: 1370:NobelPrize.org 1357: 1346:NobelPrize.org 1333: 1322:NobelPrize.org 1309: 1298:NobelPrize.org 1285: 1267: 1249: 1231: 1213: 1195: 1177: 1159: 1141: 1122: 1103: 1085: 1067: 1058:"Requirements" 1049: 1031: 1013: 983: 965: 947: 928: 910: 891: 890: 888: 885: 884: 883: 878: 873: 868: 863: 858: 851: 848: 847: 846: 841: 836: 831: 829:Mark W. Watson 826: 821: 812: 807: 802: 789: 784: 779: 774: 769: 764: 759: 754: 749: 744: 739: 734: 729: 716: 711: 706: 701: 696: 691: 689:Roland BĂ©nabou 686: 681: 672: 667: 656: 655: 652: 645: 642: 639: 634: 630: 629: 626: 624: 621: 618: 613: 609: 608: 605: 603: 600: 597: 592: 588: 587: 584: 569: 566: 563: 558: 554: 553: 550: 548: 545: 539: 538: 535: 534:winner (1996) 529: 526: 523: 518: 514: 513: 510: 508: 505: 502: 497: 493: 492: 489: 482: 479: 473: 472: 469: 458: 455: 452: 447: 443: 442: 439: 436: 433: 430: 427: 410: 407: 405: 402: 377: 374: 348:The 2023-2024 345: 342: 340: 337: 336: 335: 332: 329: 326: 323: 320: 315: 312: 309: 306: 303: 300: 297: 294: 286: 285: 278: 270: 269: 266: 219: 216: 211:Woodrow Wilson 190: 187: 108: 107: 96: 92: 91: 85: 83: 79: 78: 75: 71: 70: 67: 65:Academic staff 64: 61: 60: 55: 52: 49: 48: 45: 41: 40: 35: 31: 30: 27: 13: 10: 9: 6: 4: 3: 2: 2644: 2633: 2630: 2628: 2625: 2623: 2620: 2618: 2615: 2613: 2610: 2609: 2607: 2600: 2597: 2560: 2550: 2548: 2538: 2537: 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Index


Private
Princeton University
Princeton, New Jersey
economics.princeton.edu
academic department
Princeton University
Ivy League
Princeton, New Jersey
economics
University of Chicago
Harvard University
Stanford University
MIT
U.S. News & World Report
University of Chicago
Yale University
University of California, Berkeley
Princeton Institute for International and Regional Studies
Bendheim Center for Finance
Julis-Rabinowitz Center for Public Policy and Finance
social sciences
history
Jurisprudence
Political Economy
Woodrow Wilson
undergraduate
major
Bendheim Center for Finance
graduate

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