2025-2026 UH Mānoa Catalog [DRAFT]
Department of Economics
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College of Social Sciences
Saunders Hall 542
2424 Maile Way
Honolulu, HI 96822
Tel: (808) 956-8496
Fax: (808) 956-4347
Email: econ@hawaii.edu
Web: www.economics.hawaii.edu
Faculty
*N. Tarui, PhD (Chair)—environmental and resource economics, applied microeconomics, applied game theory
*L. Wang, PhD (Graduate Chair)—monetary economics, macroeconomics, search and matching theory
*T. Greaney, PhD (Undergraduate Chair)—international economics, industrial organization
*C. Bonham, PhD—applied macroeconomics, monetary theory
C. Burkart, PhD—econometrics, environmental and natural resource economics
D. Ching, MA—microeconomics and macroeconomic theory, statistics
*P. Fuleky, PhD—time series econometrics, economic forecasting
*M. Gabrovski, PhD—macroeconomics, growth, search and matching
*T. Halliday, PhD—health economics, economic development, econometrics
*R. Juarez, PhD—microeconomic theory, game theory
*D. E. Konan, PhD—international trade
*S. H. Lee, PhD—population economics, labor economics
*I. Love, PhD—development economics, finance
*J. Lynham, PhD—environmental and resource economics, experimental economics, marine ecology, behavioral economics
*T. Molina, PhD—health economics, development economics
*M. Roberts, PhD—environmental and resource economics, agricultural economics
*E. V. Sherstyuk, PhD—experimental economics, game theory
*J. Tyndall, PhD—urban economics
*L. Wang, PhD—monetary economics, macroeconomics, search and matching theory
*X. Wang, PhD—macroeconomics, monetary economics, econometrics, applied microeconomics, labor economics
Cooperating Graduate Faculty
S. Bond-Smith, PhD—urban and regional economics, spatial economics
K. Burnett, PhD—environmental and resource economics
*D. Moore, PhD—public finance, labor economics
S. G. Rhee, PhD—Asia-Pacific financial markets
T. B. Vu, PhD—development economics, international economics
Affiliate Graduate Faculty
L. Endress, PhD—growth theory
P. S. Leung, PhD (Emeritus)—agriculture and food, aquaculture and fisheries, regional economics
I. Noy, PhD—international finance, disaster economics
J. Traczynski, PhD— law and economics
Emeritus Faculty
B. Gangnes
S. La Croix
P. S. Leung
J. Mak
A. Mason
J. E. T. Moncur
J. Roumasset
* Graduate Faculty
The Academic Program
Economics (ECON) is the social science that deals with the allocation and use of resources under conditions of scarcity and uncertainty. It examines this subject matter at the micro level (the consumer, the household, the firm, and the industry) and the macro level (the region, the labor force, the government, the nation, and the world). Courses in economic theory and econometrics provide statistical and mathematical tools necessary for modeling research questions, data collection and analysis, and evaluation and testing of hypotheses. Economics students learn a body of knowledge that is essential to understanding local and global economies as well as contemporary public policy issues. Undergraduate courses cover critical issues, including climate change, ocean resources, energy economics, property rights, aging and wealth transfers, experimental economics, foreign investment, econometric analysis, labor markets, health economics, law and economics, network economics, the economies of China and Japan, monetary economics, and microeconomic theory.
A BA in economics is excellent preparation for demanding analytical and policy positions in the public and private sectors; it also provides strong preparation for graduate work in law, business, public policy, public health, as well as economics.
Economics at UH Mānoa is consciously directed toward policy challenges in the Asia-Pacific region, as well as Hawaiʻi. Geographic and subject matter interests of students and faculty contribute to a regional specialization in accord with UH’s overall mission.
Advising
Advising is mandatory for all graduate and undergraduate economics majors. Contact the department office for specific information.
Undergraduate Study
Bachelor’s Degree
The BA in economics provides students with an intensive knowledge of the theory and practice of economics, with an emphasis on the analysis of contemporary policy challenges of Hawaiʻi and the U.S. in the Asia-Pacific region. Majors study a wide range of current economic policy issues and learn powerful theoretical and empirical methods for analyzing these issues. They also develop reasoning and communication skills that are useful across disciplines. As a result, the BA program has been successful in preparing graduates for advanced study in economics, business, law, and other social sciences, as well as challenging careers in business management, technical analysis, policy evaluation, and education. The Quantitative Economics Concentration requires calculus and a certain number of more mathematical or computational economics courses. This concentration will better prepare students for more technical careers or for graduate study. The Economics Honors Track provides our most highly motivated majors with the opportunity to conduct advanced study and research in close contact with a faculty advisor from the department. Students can join the Economics Honors Track any time after they are accepted into the UH Mānoa Honors Program and have an Economics GPA of 3.3. Students have access to a free tutoring program in introductory microeconomics and macroeconomics courses; a student-run economics club; internships; and research opportunities with economics faculty.
Graduate Study
The UH Mānoa Department of Economics offers one of the world’s leading graduate programs, providing theoretical, empirical, and historical foundations for the study of economic policies across the globe. The graduate program offers an MA and PhD degree. Graduate alumni teach and research in universities, work for federal and state agencies, international organizations and in the private banking and consulting sectors.
The MA program prepares students for policy analysis in government, international agencies, and the private sector, emphasizing application of theory to economic decision-making. The PhD program provides state-of-the-art theoretical and empirical training for high level academic, government, and private-sector careers.
Entering graduate students are expected to have a bachelor’s degree, not necessarily in economics, and to have completed courses in intermediate microeconomic and macroeconomic theory, elementary statistics, and a mathematics background that includes at least two 3-credit semester courses in calculus. For the PhD program, it is recommended to have completed two additional courses prior to entry in any of the following subjects: advanced calculus, linear algebra, differential equations, real analysis, or related areas. Students with deficiencies must make them up prior to entering the program or within the first year of study. GRE General Test scores and two letters of recommendation must be submitted by all applicants. TOEFL scores are required for applicants from foreign countries where English is not the primary means of communication.
ProgramsBachelor’sMaster’sDoctorateMinorCombined
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