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Economics Faculty


J. Richard Aronson
Professor of Economics; William L. Clayton Professorship; Director, Martindale Center for the Study of Private Enterprise. B.A., Clark University; M.A., Stanford University; Ph.D., Clark University. Research interests: tax and expenditure analysis; pension funds; municipal fund analysis. Teaching areas: public finance; money and banking.
Shin-Yi Chou
Professor of Economics; Frank L. Magee Distinguished Professorship. B.A., National Taiwan University; Ph.D., Duke University. Research interests: health economics. Teaching areas: microeconomics; health economics.
James A. Dearden
Professor of Economics; Department Chair. A.B., Muhlenberg College; Ph.D., Pennsylvania State University. Research interests: applied game theory; microeconomic theory. Teaching areas: microeconomics; game theory.
Mary E. Deily
Professor of Economics. B.A., University of Maryland; M.A., Ph.D., Harvard University. Research interests: industry decline; regulation of business; hospital inefficiency. Teaching areas: microeconomics; industrial organization; mathematics for economists.
Thomas J. Hyclak
Interim Dean; Professor of Economics. B.A., M.A., Cleveland State University; Ph.D., University of Notre Dame. Research interests: determinants of wages, unemployment and job growth in urban and regional labor markets; spatial factors in urban crime, office rents, and community development policies; evolution of the macro economy and macro policy in the U.S. and other countries. Teaching areas: principles of economics; urban economics; macroeconomics; labor economics.
Arthur E. King
Professor of Economics. A.B. Middlebury College; M.A., Ph.D. The Ohio State University. Research interests: health and biopharmaceutical economics; comparison and transition of economic systems; applied statistics and econometrics. Teaching areas: statistics; health economics; comparative economic systems; applied econometrics.
Judith A. McDonald
Professor of Economics. B.A. (Honours), University of Western Ontario; Ph.D., Princeton University. Research interests: capital flows and external debt issues for developing countries; United States-Canada trade relations during the 1930s; pay equity and gender differences in salaries. Teaching areas: macroeconomics; international trade; international finance.
Vincent G. Munley
Professor of Economics. B.A., B.S.E.E, Lehigh University; M.A., Ph.D., State University of New York at Binghamton. Research interests: political economy of state and local government finances. Teaching areas: applied microeconomics; environmental economics.
Larry W. Taylor
Professor of Economics. B.S., University of North Alabama; Ph.D., University of North Carolina. Research interests: specification testing for economic models; finite-sample issues in econometrics; econometric methodology; macroeconomic modeling; qualitative dependent variables. Teaching areas: econometrics; time series; statistics.
Robert J. Thornton
Professor of Economics; Charles William MacFarlane Professorship. H.A.B., Xavier University; M.A., Ph.D., University of Illinois. Research interests: unionism and collective bargaining; public employment; forensic economics. Teaching areas: labor economics; statistics.
Todd A. Watkins
Professor of Economics; Arthur F. Searing Chair. B.S., University of Rochester; M.P.P., Ph.D., Harvard University. Director of Lehigh's Dexter F. Baker Institute for Entrepreneurship, Creativity and Innovation and director of the Microfinance Program. Research interests: technology and industrial policies; economics and management of innovation; microfinance innovation. Teaching areas: managerial economics; technology entrepreneurship; new product development; microfinance.

Associate Professors

Frank R. Gunter
Associate Professor of Economics. B.A., Pennsylvania State University; M.A., Ph.D., Johns Hopkins University. Research interests: Political economy of Iraq; entrepreneurship; corruption; capital flight; economic development during conflict. Teaching areas: principles of economics; economic development; political-economy of Iraq; political-economy of China.
Chad D. Meyerhoefer
Associate Professor of Economics; B.S., Binghamton; M.S. and Ph.D., Cornell. Research interests: health economics; public policy; applied econometrics; international economic development.

Assistant Professors

Ernest K. Lai
Assistant Professor of Economics. B.B.A., Hong Kong University of Science and Technology; M.Econ., University of Hong Kong; Ph.D., University of Pittsburgh. Research interests: game theory; experimental and behavioral economics.
Alberto J. Lamadrid
Assistant Professor of Economics. B. Sc., Universidad de los Andes; M.A., New York University; Ph.D., Cornell University. Research interests: electricity markets; power systems; energy economics; resource economics.
Alex Nikolsko-Rzhevskyy
Assistant Professor of Economics. MSc, Odessa National University, M.A., KSE-EERC, Ph.D., University of Houston. Research interests: macroeconomics/monetary policy analysis; international economics and finance; applied econometrics.
Irina B. Panovska
Assistant Professor of Economics. B.A., Ohio University; M.A., Washington University; Ph.D., Washington University. Research interests: empirical macroeconomics; time series econometrics.
Muzhe Yang
Assistant Professor of Economics. Charlotte & Robert L. Brown III '78 Research Fellowship. B.A. and M.A., Peking University; Ph.D., University of California at Berkeley. Research interests: treatment effect analysis; peer effect analysis; counterfactuals and causal inference.

Professors of Practice

Maria Figueroa-Armijos
Professor of Practice; B.S., EARTH University, Costa Rica; M.S., University of Missouri; Ph.D., University of Missouri. Research interests: entrepreneurship; economic and regional development; policy analysis; urban-rural interface.
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