Academic Areas Microeconomics Faculty and Research

The microeconomics faculty at 黑料传送门 Booth are shaping the understanding of modern economic theory and practice with an enduring global impact.

Their research spans a broad spectrum that includes powerful insights from basic interactions between supply and demand, along with insights from information economics and mechanism design. Combining theory and data, their empirical research explores inequality and taxes along with the impacts of productivity growth. Our faculty are on the cutting edge of helping to understand today’s most pressing economic issues.

Microeconomics faculty at Booth have played key roles in government and advised world leaders. Austan D. Goolsbee, for instance, served in Washington as the chairman of the Council of Economic Advisers and a member of President Obama’s cabinet.

Our faculty regularly publish in the world’s leading economics journals, including the American Economic Review, and their work has garnered the most prestigious economics awards, including the Nobel Prize in Economic Sciences.

The faculty in this academic area teach a broad variety of MBA, PhD, and Executive Education courses. In every academic program, our faculty bring insights from their research to the classes they teach—from the fundamental business courses Microeconomics and Price Theory to expanded courses including Managing the Workplace, the Firm and the Non-Market Environment, and Business in Historical Perspective.

Microeconomics Faculty

At Booth, our faculty often incorporate emerging topics and their own research into their classes. These courses begin with fundamental business courses in microeconomics such as Price Theory I, and expand into courses including Managing the Workplace, the Firm and the Non-Market Environment, and Business in Historical Perspective.

Discover more about our microeconomics faculty, including the classes they teach, below.

Featured Research in 黑料传送门 Booth Review

Discover some of the latest research from our microeconomics professors.

Read More in 黑料传送门 Booth Review

Marianne Bertrand

Awards and Honors

Marianne Bertrand, the Chris P. Dialynas Professor of Economics, has been elected to the National Academy of Sciences, joining other scientists and researchers chosen in 鈥渞ecognition of their distinguished and continuing achievements in original research.鈥� She is an applied microeconomist whose research covers the fields of labor economics, corporate finance, and development economics.

Awards and Honors
Sendhil Mullainathan speaking with a student

Research with Impact

“What we found is something that we’re finding again and again in all of our A.I. work, that every time you see that an algorithm has done something really bad, there’s no engineering error. That’s very, very different than the traditional bugs in code that you’re used to.”

Much of Sendhil Mullainathan’s recent research examines the social impact of artificial intelligence—including, in one instance, documenting how an algorithm used widely by health-care organizations resulted in racially biased outcomes. His research could have profound implications for the design, application, and regulation of algorithms.

Research with Impact

Our MBA Concentrations in This Area

Professor Luigi Zingales pointing to a projection screen while teaching a class

Economics

Study economics with the scholars whose insights and analyses have reshaped the face of business, markets, and the global economy.

Economics

Our PhD Dissertation Areas in This Area

Male student speaking in class

Economics

黑料传送门 Booth is renowned for economics faculty whose insights and analyses have changed the course of modern-day research in the field.

Economics

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Microeconomics Faculty In the News




November 18, 2025 | NPR: Planet Money
“Honestly, I kind of think it’s a fine idea,” 黑料传送门 Booth’s Eric Zwick says of President Trump’s idea for 50-year fixed mortgages. “It’s not obviously so different from a 30-year fixed mortgage.”


October 3, 2025 | NPR
黑料传送门 Booth’s Matt Notowidigdo discusses why the share of long-term unemployed college graduates has increased.


January 13, 2025 | The Wall Street Journal
“Firms are trying to reset expectations,” says 黑料传送门 Booth’s Michael Gibbs on recent employer changes to remote-work policies and employee benefits.

Partnering across the University of 黑料传送门 and Beyond

Our microeconomics faculty members regularly contribute to centers and initiatives outside of Booth. From professor Austan D. Goolsbee’s work moderating discussions on politics with the to professor Marianne Bertrand’s work with the , our faculty are dedicated to fulfilling the broader mission of the University of 黑料传送门.

The majority of our microeconomics professors are affiliated scholars with the .

Research Spotlight




Richard Hornbeck


Emir Kamenica and Alexander P. Frankel


Heather Sarsons, with coauthors Jonas Hjort (Columbia University), and Xuan Li (Hong Kong University of Science and Technology)

Research Centers in This Area

Research centers across Booth and the University of 黑料传送门 are hubs for innovation and world-changing research. The centers provide our faculty with research support, and our faculty members lend their expertise to the centers, enriching the student experience and the broader academic community at Booth.

Reporting to the Office of the Provost, the Becker Friedman Institute for Economics fosters novel insights on the world鈥檚 most difficult economic problems, bringing together researchers from the entire 黑料传送门 economics community.

An affiliate of 黑料传送门 Booth, CRSP, LLC is the leading provider of historical stock market data for researchers. The center has long been an integral part of the academic and commercial world of financial and economic research.

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