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The Economics Program provides graduate education culminating in a Doctor of Philosophy degree. While pursuing their Ph.D., students can also earn a Master of Arts degree. Specialization areas encompass: Advanced Macroeconomics, Advanced Microeconomics, Behavioral and Experimental Economics, Comparative Institutional Economics, Econometrics, Economic Development, Economic History, Environmental and Natural Resource Economics, Industrial Organization, International Finance and Macroeconomics, International Trade, Labor Economics, Political Economy, and Public Economics. Current faculty research explores diverse subjects such as auction design theory and applications, electricity market operations, how information availability affects various markets (including restaurants, pharmaceuticals, health insurance, and e-commerce), wholesalers' inventory and pricing strategies, and the implications of unawareness in game theory and contract analysis. The Department's cutting-edge experimental laboratory, equipped with specialized hardware and software for economic research, serves as a valuable resource for both students and faculty in these disciplines.