News

This past spring, Econ 101 had a bit of a glow-up. The introductory course, which typically focused on how costs and benefits are traded off in business environments, is evolving to expand students’ views of what economics is. Professor Thomas Nechyba, who taught the class in spring 2022, explained the changes: “Economics is a science that investigates the consequences of choices we make in all walks of life — because all choices involve costs and benefits even if those aren’t always expressed in money terms,” he said. “… read more about A New Way to Teach Econ 101 »

The Federal Reserve is poised to raise its policy interest rate by 75 basis points on July 27 – the fourth rate increase of 2022. Economist John Coleman, a professor at Duke University’s Fuqua School of Business, says additional rate changes this year carry high stakes. “The Fed’s decision on rate increases is significant, as an error could lead either to rising inflation or a deep recession,” Coleman says. Coleman, who began his career as a senior economist for the Board of Governors at the Federal Reserve, says the… read more about Economists: Federal Reserve Misstep Could Increase Inflation or Trigger Recession »

How we relate to social groups, members of our own and others, influences how inequality arises and persists. That’s according to a Duke professor and pioneer in stratification economics, which combines sociology, social psychology, history, and economics to deepen understanding of persistent racial and ethnic disparities. "For the stratification economist, the world consists of self-seeking 'tribes' engaged in a persistent dance of negotiation and conflict, which can… read more about How Group Identities Fuel Inequality »

What if it was possible to fight climate change, protect biodiversity and finance conservation, all at the same time? This is the question Duke economist Connel Fullenkamp and a global team of researchers are seeking to answer. “The big picture right now is that we have two big problems that we're facing,” said Fullenkamp. “Globally, we've got climate change and we've got biodiversity being threatened, and the problem is protecting these habitats takes a lot of funding.” The goal is to reduce carbon emissions, which… read more about How Elephants, Whales, and Financial Markets Can Help in the Fight Against Climate Change »

Duke University has awarded distinguished professorships to 24 faculty members representing five Duke colleges and schools. The 2022 honorees, as well as those distinguished professors named in 2021 and 2020, were recognized by President Vincent Price and Provost Sally Kornbluth during a reception at the Karsh Alumni and Visitors Center Wednesday evening. Appointment to a distinguished professorship is the highest honor the university can bestow upon a member of the faculty, recognizing faculty who are well-established… read more about Economist, Mathematician Awarded Distinguished Professorships »

Duke Economics undergraduate students Ryan Hastings, Richard Lombardo, Wendy Shi and William Zhao took second place in the Econometric Game, hosted by the University of Chicago on April 9 and 10.  In the competition, each team receives a data set and is tasked with answering an economics-related question. Past questions have covered COVID-19 testing disparities, immigration policy and fracking.   Over the course of a weekend, teams are tasked with writing a research paper, which is then presented to a panel of judges.… read more about Duke Team Places in Econometric Game  »

Senior Eleanore van Marwijk Kooy always felt like her background and experiences have been a bit more unconventional than those of her peers.   After graduating high school, van Marwijk Kooy did not one but two gap years. She lived in Chile to improve her Spanish, worked on natural resource management projects in rural Tanzania, and challenged herself at a data science bootcamp in downtown Chicago.  “My gap years are where my interest in sustainability was piqued, so it made perfect sense that my scholastic journey at… read more about Senior Stories: How a Self-Designed Major and a Important Mentor Created a Career Path  »

Thomas Schaefer '22, 2021-2022 DFE Leadership Award winner For the Duke Financial Economics Center (DFE), each spring brings the opportunity to honor a number of seniors for their exceptional leadership qualities and commitment to mentorship throughout their involvement with the center. Directors John Caccavale and Emma Rasiel established the DFE Leadership Award in 2011 for this purpose. They are pleased to add the 2021-2022 winners to the list of recipients: Gianna Affi, Arjun Bakshi… read more about Q&A with DFE Leadership Award Winner Thomas Schaefer ’22 »

Davis Jones '22, 2021-2022 DFE Leadership Award winner For the Duke Financial Economics Center (DFE), each spring brings the opportunity to honor a number of seniors for their exceptional leadership qualities and commitment to mentorship throughout their involvement with the center. Directors John Caccavale and Emma Rasiel established the DFE Leadership Award in 2011 for this purpose. They are pleased to add the 2021-2022 winners to the list of recipients: Gianna Affi, Arjun Bakshi,… read more about Q&A with DFE Leadership Award Winner Davis Jones ’22 »

William Bradley '22, 2021-2022 DFE Leadership Award winner For the Duke Financial Economics Center (DFE), each spring brings the opportunity to honor a number of seniors for their exceptional leadership qualities and commitment to mentorship throughout their involvement with the center. Directors John Caccavale and Emma Rasiel established the DFE Leadership Award in 2011 for this purpose. They are pleased to add the 2021-2022 winners to the list of recipients: Gianna Affi, Arjun Bakshi… read more about Q&A with DFE Leadership Award Winner William Bradley ’22 »

Arjun Bakshi '22, 2021-2022 DFE Leadership Award winner For the Duke Financial Economics Center (DFE), each spring brings the opportunity to honor a number of seniors for their exceptional leadership qualities and commitment to mentorship throughout their involvement with the center. Directors John Caccavale and Emma Rasiel established the DFE Leadership Award in 2011 for this purpose. They are pleased to add the 2021-2022 winners to the list of recipients: Gianna Affi, Arjun Bakshi,… read more about Q&A with DFE Leadership Award Winner Arjun Bakshi ’22 »

Gianna Affi '22, 2021-2022 DFE Leadership Award winner For the Duke Financial Economics Center (DFE), each spring brings the opportunity to honor a number of seniors for their exceptional leadership qualities and commitment to mentorship throughout their involvement with the center. Directors John Caccavale and Emma Rasiel established the DFE Leadership Award in 2011 for this purpose. They are pleased to add the 2021-2022 winners to the list of recipients: Gianna Affi, Arjun Bakshi,… read more about Q&A with DFE Leadership Award Winner Gianna Affi '22 »

Elizabeth Ehrlich has a busy last semester at Duke.  Not only is the senior Economics major with a finance concentration preparing for her move to New York City, where she will be working for JP Morgan as a first-year analyst in sales and trading, she’s debuting her original choreography for the Duke Dance Program’s ChoreoLab. An annual spring performance showcase of creative works by Duke faculty and students, ChoreoLab encourages dance experimentation across aesthetic genres and modes of presentation. Since its… read more about Senior Stories: Economics Major Featured in Choreolab  »

Graduate and professional programs across the university scored highly in U.S. News and World Report’s list of “2023 Best Graduate Schools.” The Duke University School of Nursing ranked second overall in the country. In addition, several MSN Nurse Practitioner specialty programs were highly ranked: Family (first) Adult-Gerontology Primary Care (first) Nursing Administration (first) Psychiatric/Mental Health Across the Life Span (first) Adult-Gerontology Acute Care (second) Duke was ranked second… read more about Duke Graduate Programs Get High Marks in 2022 US News Rankings »

A new program for Duke sophomores – which launched earlier this year – will include an Economics course this fall: “Liberalism and Its Critics” (ECON 225S). The course is part of the new “Transformative Ideas” program that is designed to promote open and civil cross-disciplinary dialogue on questions and big ideas that change lives, link cultures and shape societies around the world. “Liberalism and Its Critics” – taught by Bruce Caldwell of Economics and Alfredo Watkins of Political Science – focuses on the development… read more about Economics Course Among Fall “Transformative Ideas” Offerings »