A community for Economics majors, alums, faculty, and friends at the University of Science and Arts
The Economics program at USAO educates students in a broad range of economic theories and applications. Because economics seeks to understand how societies arrange complex systems of production and distribution within larger political, cultural and social institutions, it is necessarily interdisciplinary in nature. The Economics program thus draws from history, political science, sociology, mathematics and other liberal arts disciplines, complementing the IDS Core Curriculum.
04/25/2022
An excellent article about chasing jobs with public money: financial incentives never matter as much as investments in quality of life.
Incentives game filled with wins and losses with long-term success rarely guaranteed Can Oklahoma learn from previous incentives deals on how best to bid for a Panasonic battery factory?
04/23/2022
Congrats to our Econ majors who walked across a stage today and became college graduates!
Lyca Balbuena, Milagros Carrera, Kiko Hernandez Esteban, Madison Homer, Balazs Illovai, Daniel Roach, and Alex Strain are out in the real world now, and they will no doubt change it for the better!
If you have photos from the day, drop them in the comments.
04/11/2022
A very good explanation of the ways Modern Monetary Theory differs from mainstream macro.
Modern Monetary Theory: The Right Compass for Decision-Making In the November/December 2021 issue of Intereconomics, Françoise Drumetz and Christian Pfister examine Modern Monetary Theory (MMT) and approach it from the policy consequences that would follow. This paper is a reply to Drumetz and Pfister. It restates the core of MMT and offers some suggestions f...
03/21/2022
Help us congratulate Econ major Daniel
Roach, who has been accepted into the Econ PhD program at Colorado State University! Daniel, who is a double major in the USAO Department of Sociology, makes us proud every day, and we’re not surprised that a major grad program wants him, too.
03/10/2022
CPI up 7.9% over a year.
Consumer Price Index Summary - 2022 M02 Results The .gov means it's official. Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
03/02/2022
"The point is, when it comes to explaining our current bout of high inflation, there’s no dearth of right answers. There are many forces at work. To bring inflation back down, we need more than a catalogue of everything that matters.”
Z Inflation Problem As I watch—and participate in—the great inflation debate, I find myself thinking back to my time as an undergraduate, studying intermediate microeconomics with Professor John F. Henry. Henry was masterful in the classroom, and he’s the reason I decided to pursue my graduate studies in economic...
02/27/2022
Does Anyone Know What Paper Towels Should Cost? Online shopping was supposed to give consumers more power and freedom. Instead, costs are so fluid that household goods fluctuate almost like Bitcoin.
02/09/2022
Help us congratulate Econ major Madison Homer on her acceptance into the Mercer University College of Law. We’re very proud, but not the least bit surprised, because we already know just how amazing she is.
01/28/2022
So proud of our Econ major. Congrats, Mili!
Milagros Carrera is the 5th Drover in program-history to reach the 1⃣0⃣0⃣0⃣ point milestone!👑
x 🐎
01/28/2022
Energizing Exchange: Learning from Econophysics' Mistakes – Economics from the Top Down I take a look at kinetic exchange models of income, and what we can learn from their mistakes.
12/28/2021
The Fable of the Bees, if the bees were all on Facebook What if the single most important idea in economics no longer works?