Department of Economics at Illinois State University Department of Economics at Illinois State University Department of Economics at Illinois State University


Department of Economics

Bibek Adhikari

Bibek Adhikari(Ph.D. Tulane University) is an Assistant Professor with research interests in Public Economics and Development Economics. His research appears in the Southern Economic Journal, IMF Working Paper Series, National Tax Association's Conference Proceedings, and other academic outlets. His ongoing work received confidential tax returns data access from the IRS and external financial support from the National Science Foundation and Horowitz Foundation. Professor Adhikari joined Illinois State University in 2016.

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David L. Cleeton

David L. Cleeton

(Ph.D. Washington University) is Professor of Economics and Department Chair with areas of expertise in financial economics and European economic integration.  His research appears in the American Economic Review, Public Finance Quarterly, Quarterly Review of Economics and Business, Health Care Financing Review, and Southern Economic Journal.  He is coauthor (with Nobel Laureate Robert C. Merton and Zvi Bodie) of the textbook Financial Economics.  Professor Cleeton joined Illinois State University having served as Economics Department Chair at Oberlin College, Dean of Social Sciences and Business at Christopher Newport University, and in a recent visiting faculty position with Ohio State University.  He was selected as a Fulbright Chair of EU-US Relations at the College of Europe in Bruges (Belgium) and recognized as a Fellow of the Euro Area Business Cycle Network affiliated with the Centre for Economic Policy Research in London.

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David G. Loomis

David Loomis

(Ph.D. Temple University), is a Professor of Economics and Executive Director of the Institute for Regulatory Policy Studies. His work as part of the Wind Energy Team has received support through the U.S. Department of Energy. His research publications appear in the Review of Industrial Organization, Information Economics and Policy, International Journal of Forecasting, and Journal of Economic Education. He is the co-editor with Lester Taylor of two books, The Future of the Telecommunications Industry: Forecasting and Demand Analysis and Forecasting the Internet: Understanding the Explosive Growth of Data Communications. Professor Loomis teaches graduate and undergraduate courses in telecommunications, regulatory policy and applied economics.

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George A. Waters

George Waters

( Ph.D University of North Carolina) is a Professor of Economics whose primary research interests are in Macro/Monetary Economics, Game Theory and Models of Learning. One area of his current work uses an Evolutionary Game Theory approach to show how changes in forecasting strategies among traders in asset markets can explain many features of stock market bubbles. Another topic of interest involves optimal monetary policy in an environment with potential changes in regime. Professor Waters' work appears in the Journal of Economic Dynamics and Control and the Journal of Macroeconomics. He has a wide range of teaching experience from elementary to graduate level including courses in mathematical economics, money and banking, advanced macroeconomics, and game theory at Washington and Lee University and Illinois State University.

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German Blanco

German Blanco(Ph.D. State University at New York - Binghamton) is an Assistant Professor with fields of specialization in Labor Economics, Applied Econometrics and Public Economics. His work appears in the Journal of Human Resources and American Economic Review Papers and Proceedings. His work on active labor market programs, including job training for youth, has been presented before the Society of Labor Economists, the Midwest Economics Association, and the Midwest Econometrics Group. Professor Blanco joined Illinois State University in 2013.

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Oguzhan Dincer

Oguzzhan Dincer

(Ph.D. University of Oregon) is an Associate Professor with research interests in Economic Growth and Development as well as Public Economics with particular focus on causes and consequences of institutions. His published work appears in Public Choice, International Tax and Public Finance, Contemporary Economic Policy, and Applied Economics. His teaching experience includes Macroeconomics, Public Economics, Econometrics, and International Economics. He joined Illinois State University following three years with Massey University in New Zealand.

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Hassan Mohammadi

Hassan Mohammadi

(Ph.D. Washington State University) is a Professor of Economics and Director of Graduate Programsfor the Department of Economics. Areas of specialization include macroeconomics, economics of financial markets and intermediaries, and applied econometrics. His research appears in Energy Economics, Southern Economic Journal, Applied Economics, Quarterly Review of Economics and Finance, Economics Letters, and other academic outlets. Professor Mohammadi teaches graduate courses in monetary economics, econometrics, and advanced macroeconomics in addition to undergraduate courses in money and banking, intermediate macroeconomics and principles of economics. He has done collaborative work with the United Nations and the US Department of Agriculture.

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Adrienne Ohler

Adrienne Ohler(Ph.D. Washington State University) is an Associate Professor and serves with the Institute for Regulatory Policy Studies as Director of Outreach. Her research and teaching interests include Natural Resource and Environmental Economics, Public Policy, and Econometrics. Professor Ohler has published in the Journal of Environmental Economics and Managenment, Land Economics, Contemporary Economic Policy, the Electricity Journal and other academic outlets. She has presented her work on renewable energy sources at the UIUC Department of Agricultural and Consumer Economics Seminar Series, the American Agricultural Economics Association, and other professional meetings.

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Kevin H. Zhang

Kevin Zhang

(Ph.D. University of Colorado) is a Professor of Economics whose research focuses on foreign direct investment, international trade, and urban economics. He has published numerous books including China as the World Factory and his work appears in the Journal of Development Economics, Economic Development and Cultural Change, Contemporary Economic Policy, Journal of Development Studies, China Economic Review, Urban Studies, Review of Development Economics, and International Journal of Business. Professor Zhang teaches international trade and international finance at both the undergraduate and graduate levels. He joined Illinois State University after a postdoctoral fellowship with the Harvard Institute of International Development. He serves as associate editor of The Chinese Economy and member of editorial board of Journal of Chinese Economics and Foreign Trade and Open Urban Studies Journal.

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Susan Chen

Susan Chen(Ph.D. Indiana University) is an Associate Professor and serves as the Undergraduate Program Director for the Department of Economics. Her research interests include Industrial Organization, Game Theory and Strategy, and Applied Econometrics. Her published work appears in the Journal of Industrial Economics, Managerial and Decision Economics, Journal of Economics and Finance, Economic Inquiry, Advances in Applied Microeconomics, and other academic outlets. Professor Chen joined Illinois State University after completing graduate studies at the Kelley School of Business at Indiana University and serving as an Assistant Professor at the University of North Dakota.

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Rajeev K. Goel

Rajeev Goel

(Ph.D. University of Houston) is a Professor of Economics and author of Economic Models of Technological Change and Global Efforts to Combat Smoking. His research in industrial organization, tobacco economics, economics of corruption and applied microeconomics appears in numerous academic outlets including the American Journal of Agricultural Economics, Kyklos, Managerial and Decision Economics, Research Policy, Economic Development and Cultural Change and Journal of Institutional and Theoretical Economics. Professor Goel serves on the editorial boards of three journals and has held positions at the Indian Institute of Management, Tata Energy Research Institute and Oak Ridge National Laboratory.

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Dimitrios Nikolaou

Dimitrios Nikolaou(Ph.D. Ohio State University) is an Assistant Professor with fields of specialization in Labor Economics, Health Economics, and Demographic Economics. His work appears in the International Journal of Business and Economic Research, Review of Applied Economics, and Journal of Public Health. He has presented current research on bullying and educational outcomes, and the determinants of risky behaviors by adolescents at numerous professional meetings. Professor Nikolaou joined Illinois State University in 2013 and has been recognized for mentorship in undergraduate research.

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Rati Ram

Rati Ram

(Ph.D. University of Chicago) is Distinguished Professor of Economics, the highest distinction for faculty at Illinois State University. His research on Economic Development, Human Resources and Cross-Country Studies has appeared in numerous leading journals including the Journal of Political Economy, American Economic Review, Quarterly Journal of Economics and Review of Economics and Statistics. Professor Ram was an invited contributor to the Handbook of Defense Economics, has co-authored with Nobel Laureate T. W. Schultz, and has advised UNESCO on the development of World Education Indicators and the World Education Report (1995). He teaches courses at both the graduate and undergraduate levels.

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