About the Department

Economics is the study of the ways in which individuals, households, companies, industries, governments, and nations allocate scarce resources among alternative uses and the resulting consequences of these decisions.  The choices and the consequences are evaluated in terms of performance criteria such as efficiency, stability, and economic growth.  The understanding and the objective evaluation of these choices and their consequences allow us to explore alternative forms of private and public organizations and their economic decisions that may further improve the long-run performance of those organizations and institutions.

The Department of Economics at Cleveland State University offers a general undergraduate economics major and minor as well as an MA program in Economics.  The Department also offers a certificate program in Applied Economics and Public Policy.  These web pages provide more detailed information about these programs, the faculty and the Department's research activities.

Faculty and Research

The Department currently has seven permanent faculty members, having research and teaching interests that span a broad range of areas within micro- and macroeconomics.  Special strengths in research are in the areas of Labor Economics, International Economics, Macroeconomics, Growth and Development, Health Economics, Environmental and Energy Economics, Applied Game Theory, Econometrics, Public Finance, Industrial Organization, Organization Theory, and Computational Economics.

Recent Faculty Publications

2008

• Kosteas, Vasilios, "Job Level Changes and Wage Growth," forthcoming in International Journal of Manpower.
• Kosteas, Vasilios, "Trade Protection and Capital Imports in the Mexican Manufacturing Sector," forthcoming in World Development.
• Chia, Yee Fei, "Maternal Labour Supply and Childhood Obesity in Canada: Evidence from the NLSCY," Canadian Journal of Economics, 41 (2008), 217-242.
• Kosteas, Vasilios, "Manufacturing Wages and Low-Wage Country Imports:  Evidence from the NLSY," forthcoming in Economica.
• Kosteas, Vasilios, "Foreign Direct Investment and Productivity Spillovers:  A Quantile Analysis," International Economic Journal, 22 (2008), 25-41.

2007

• Chang, Myong-Hun, "Decentralization," in Stewart Clegg and James R. Bailey (Eds.), International Encyclopedia of Organization Studies, Volume 1 (2007), Sage Publications, 359-362.
• Stein, Sheldon, "A Beginners Guide to the Solow Model," Journal of Economic Education, 38 (2007), 187-193.
• Chang, Myong-Hun, "Innovators, Imitators, and the Evolving Architecture of Problem-Solving Networks," (with Joseph E. Harrington, Jr.) Organization Science, 18 (2007), 648-666.

2006

• Kosteas, Vasilios, Entries in the Encyclopedia of World Poverty, Mehmet Odekon (Ed.), Sage Publications, 2006:
  • "Exploitation"
  • "Free Trade Agreement of the Americas"
  • "Minimum Wage"
  • "Wages"
  • "World Trade Organization"
• Chang, Myong-Hun, "Agent-Based Models of Organizations," (with Joseph E. Harrington, Jr.) in:  Tesfatsion, Leigh and Kenneth L. Judd, eds., Handbook of Computational Economics II:  Agent-Based Computational Economics, North Holland (2006)
• Harford, Jon, "Congestion, Pollution, and Benefit-to-Cost Ratios of US Public Transit Systems," forthcoming in Transportation Research Part D.
• Stewart, Douglas, "An Economic Theory of Patient Decision-Making," forthcoming in Journal of Bioethical Inquiry.

2005

• Chang, Myong-Hun, "Discovery and Diffusion of Knowledge in an Endogenous Social Networks," (with Joseph E. Harrington, Jr.) American Journal of Sociology, 110 (2005), 937-976.
• Chang, Myong-Hun, "Co-Evolution of Firms and Consumers and the Implications for Market Dominance," (with Joseph E. Harrington, Jr.) Journal of Economic Dynamics and Control, 29 (2005), 245-276.
• Stein, Sheldon and Vijay Mathur, "Do Amenities Matter for Attracting Knowledge Workers for Regional Economic Development," Papers in Regional Science, Volume 84, No. 2 (2005), 251-269.
• Stein, Sheldon, "Sums and Products of Jointly Distributed Random Variables: A Simplified Approach," Journal of Statistics Education, Volume 13, No. 3 (2005).

2004

• Chang, Myong-Hun, "Organization of Innovation in a Multi-Unit Firm: Coordinating Adaptive Search on Multiple Rugged Landscapes," (with Joseph E. Harrington, Jr.) in William Barnett, Christophe Deissenberg, and Gustav Feichtinger, editors, Economic Complexity: Non-linear Dynamics, Multi-agent Economies, and Learning, International Symposia on Economic Theory and Econometrics, Volume 14 (2004), Elsevier, Amsterdam, 189-214.

2003

• Bell, Edward and Allan Taub, "Adult Consumption Ratios: An Alternative Approach," Journal of Forensic Economics, July 2003.
• Chang, Myong-Hun, "Multi-Market Competition, Consumer Search, and the Organizational Structure of Multi-Unit Firms," (with Joseph E. Harrington, Jr.) Management Science, 49 (2003), 541-552