The MIT Department of Economics is a department of the Massachusetts Institute of Technology in Cambridge, Massachusetts.

Undergraduate studies in economics were introduced in the 19th century by institute president Francis Amasa Walker, while the department's Ph.D. program was introduced in 1941. It is one of the "big five" schools in the field along with the faculties at the University of Chicago, Harvard, Princeton, and Stanford (these schools have consistently ranked as the top five schools in the country since graduate school rankings have been produced by U.S. News & World Report). The American Economics Association estimates that MIT and these peers produce half of all tenure track professors at U.S. research universities. Half of all John Bates Clark Medal recipients since 1999 were Ph.D. students at MIT, while the department has the second highest number of Nobel Prize winning students and faculty in economics in the world after the University of Chicago.

Prominent faculty

Nobel Laureates

Among the department's past and current faculty and alumni are several recipients of the Nobel Prize in Economics:

Current Faculty


Associate Professors

  • Mihai Manea
  • Anna Mikusheva
  • Alp Simsek
  • Juuso Toikka
  • Heidi Williams
  • Alexander Wolitzky

Assistant Professors

  • Nikhil Agarwal
  • Isiah Andrews
  • David Atkin
  • Frank Schilbach

Senior Lecturer

  • Sara Fisher Ellison

Professors Emeriti

Affiliated Faculty

Former Faculty

Notable alumni


External links