The Economic Ideas Forum, held in April, provided an opportunity for faculty, students, and the public to engage in an interdisciplinary set of conversations inspired by Professor Heckman’s econometric and public policy research.
Understanding the economy as a dynamic, complex system relies on the foundational work of several economists, including Adam Smith (of course) and Ronald Coase.
Any college student knows the problems associated with comparing students based only on grades. Some professors give As to 20% of their students, others to only 5%. Some give out Ds and Fs to their worst students, others never grade below a B.
Americans have relentlessly moved to search for better jobs, housing, and quality of life. The movement of American people from one city to the other gives rise to an uneven geographic pattern of development.
We are pleased to announce that the Purdue University Research Center in Economics is now the John H. Schnatter Center for Economic Research at Purdue.