publicecon

thanks.. this is kind of off topic but I recently found out michigan was ranked #3 in counter culture schools by a very reputable source.... High Times > TOP TEN COUNTERCULTURE COLLEGES hehe..

anybody looking for a share @ michigan?

Attending: Michigan ($$) Other Offers: Penn(no-$), Columbia ($$), Wisconsin($), Duke($$) Comments: So glad to have this over with!!!!!!!! Excited for michigan!

either way... thanks for all the input!! I think I have a much better grasp on the situation than I did before! :)

So I wouldn't rule out a b-school department like Booth where faculty does research in applied micro, but my only concern was that most of the placements were *finance* professors.

I agree these are great academic placements but they seem very finance focused, no?

so here are the placements of econ students since 2004 2010 Cornell, ILR (labor school) 2009 Associate Director, Chicago Partners (x2) Postdoctoral Fellow, RAND-University of Pittsburgh Health Institute Economist, Federal Trade Commission Assistant Professor of Finance, Stern School of Business, New York University 2008 Associate Director, Becker Center, Booth School of Business, University of Chicago Assistant Professor of Finance, Kellogg School of Management, Northwestern University 2007 Economist , National Economic Accounts/Research Group, Bureau of Economic Analysis 2006 Principal, Chicago Partners Assistant Professor of Finance, Carlson School of Management, University of Minnesota Assistant Professor of Finance, Tippie School of Management, University of Iowa Postdoctoral Fellow, American Enterprise Institute Model developer, Barclaycard International Assistant Professor of Finance and Managerial Economics, School of Management, University of Texas at Dallas 2005 Assistant Professor, Department of Economics, University of California, Santa Cruz Post-Doctoral Fellow in Finance, Harvard Business School, Harvard University Senior Lecturer, Graduate School of Business, Loyola University, Chicago Senior Consultant, NERA Economic Consulting, Boston, MA 2004 Assistant Professor of Economics, The Wharton School, University of Pennsylvania Partner – S3 Asset Funding, President – Risk Economics Limited Assistant Professor, Department of Economics, University of Washington Assistant Professor, Business Economics, Ross School of Business, University of Michigan

Thanks asquare! Any other thoughts?

Yea sorry not to be clear but I meant placement-wise. I know Chicago booth candidates do sometimes end up at straight econ programs but I think they tend to go towards finance. I think this year somebody went to a policy school. So it's hard to know since the program is so young and unique. There just isn't much information on booth out there.

These programs seem pretty orthogonal so I'm not sure if this dilemma comes up often. I'm interested in public finance and tax policy and wondering if people had thoughts on which program would be a better fit. Note that I'd rather end up at a straight econ department rather than a business school.

@ Mark_B: I somewhat disagree with your statement. I think in the long-run theory makes the greatest contribution to society because applied economists must use the theories that were developed by theorists (But it might take a while for applied people to actually put some theories to use). However, I do think that if you want to affect social change in your lifetime, applied micro is the way to go.

I think it's also a preference of whether you prefer working with data or not. It can be rewarding because you get quicker results but also frustrating because your project might be ruined because of some idiosyncratic data error/complication.

Also, do you know why they have so many industry placements for econ? Their finance placements are very good but the econ placements do not seem to be at the same level.

Thanks for the great info!

Institution: UCLA/UCSD Program: PhD Economics Funding: tuition + stipend Declination date: 4/12/2010 Reason & Comments: socal no good.