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CONGRATULATIONS Dr. Kelly Blanchard on KATE Teaching ExcellenceAward

Dr. Kelly Blanchard has taught microeconomics for 20 years at Krannert and has been lauded by her students for her ability to connect in large lecture settings.  Named one of the top 50 undergraduate professors in the country by Poets & Quants in 2018, she uses a combination of technology and a "picture, story, math" method to communicate new concepts to her students.  she is also active outside the classroom, overseeing research projects for Honors College students, advising 3 student clubs and serving as a Faculty Fellow in a residence hall.  

CONGRATULATIONS Dr. Collin Raymond on Krannert Young Faulty Scholar Award

Dr. Collin Raymond joined Krannert Economics Department in 2017.  He has also been a visiting faculty member at Stanford University.  His research is focused on the intersection of behavioral economics, microeconomic theory and experimental economics.  His work has been published in journals such as American Economic Review, Econometrica and Journal of Economic Theory. 

Economics Center Supports PhD Candidates, Graduates First Student! 

A cornerstone of the Purdue University Research Center in Economics’ mission is the support and training of talented Krannert PhD students as they study empirical economic methodologies and apply them to policy evaluation. 

It is this rigor – and Purdue’s “wide recognition as a premier research institution” -- that drew Department of Economics PhD candidate Mary Kate Batistich to Krannert. “I also knew that the department had a strong record of placing their graduates in good jobs, paired with high completion rates,” Batistich said.

Batistich’s initial assessment has come full circle -she will finish her PhD program in May and start in July at the University of Notre Dame as an Assistant Research Professor in the Department of Economics. She will focus her research on domestic poverty through the department’s Wilson Sheehan Lab for Economic Opportunities, or LEO.  LEO pairs up with charities, local governments, and other service providers to help them conduct impact evaluations on their programs,” Batistich said.

Batistich’s PhD program was funded by PURCE. The economics center also funded some special opportunities, including attendance at a week-long conference in Boston, Batistich said. Her thesis committee consists of Kozuch Director of the Purdue University Research Center in Economics and Associate Professor of Economics Kevin Mumford; Associate Professor of Economics Timothy Bond; Professor of Economics and PURCE co-founder Jack Barron; and the Dr. Samuel R. Allen Dean of Krannert School of Management Distinguished Professor of Economics David Hummels. 

New Specialization Areas for Online MS-Economics Program

The Krannert School's Department of Economics online masters program was recently ranked as one of the best in the nation.  This program teaches analytic and quantitative methods necessary to evaluate, optimize and forecast economic and business outcomes. Cutting-edge quantitative and empirical instruction methods including econometrics, statistical software applications, modern computational and programming tools, business forecasting, game theory and experimental economics are among some of the courses.  Full curriculum information can be found at:

The program can be accomplished completely online, or a combination or online and classroom attendance.  The program is also flexible and affordable.  

MS Economics Program is STEM Certified. 

STEM (Science, Technology, engineering and Mathematics) now includes Krannert's MS Economics program.  This will allow graduates the STEM optional practical training (OPT) extension (extends year of residency for an additional year).  . This extension helps ease some of the tension international students face when searching for employment in the US. 

New Courses Offered

ECON 466 will be offered this fall  with Farid Farrokhi. This course will address the many questions surrounding  global economy, international trade, and much more.  ECON 466 is a stand-alone course and prior knowledge of international economics is not a prerequisite.  Taking ECON 466 will deepen your understanding of the major topics in international economics.  

The MS Econ program will be offering a new course with Ben van Kamman this fall - Intro to Statistics.  In the spring Dr. van Kamman will offer another new course intro to Mathematics.  Other new courses in MS econ this spring will include Financial Valuation and Decision Making with Dr. Thompson and Microeconomics with Dr. Klose.  

Doctoral Program 

 The Department of Economics at Purdue University’s Krannert Graduate School of Management offers a doctoral program that prepares economists for careers in research, teaching, business and government. The graduate program has a strong quantitative and analytical orientation. It is designed to provide a working knowledge of cutting-edge research skills and to broaden the students’ understanding of economic institutions.

Admission to the economics doctoral program is limited to students of outstanding promise.

Visit to learn more about Purdue’s Economics PhD Program. Contact the program at and (765) 494-4375.

Dr. Brian Roberson is Associate Professor of Economics and Director of the Economics Doctoral Program. He is also a PURCE faculty affiliate. Reach Professor Roberson at