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

David L. Cleeton

Professor of Economics and Department Chair

Office Address: STV 425B
Office Phone: (309).438.8625
Office Hours:
Email: Contact David Cleeton (dlcleet)
Website: Visit David Cleeton’s Website
Teaching Schedule:
Course NumberSectionCourse NameTimeRoom NumberCourse Links
ECO299.01Independent Honor Study   
ECO300.02Senior Project   
ECO346.01International Finance T R 14:00 - 15:15STV 0228
ECO398.01Professional Practice,Internship in Economic Research   
Teaching Interests:

Financial Economics and the Political Economy of the European Union

Research Interests:

Ph.D., Economics, Washington University-St. Louis

M.A. & B.A., Economics, University of Missouri

Selected Publications:

“Evaluating the Performance Record under the Lisbon Agenda,” Chapter 1 in Europe and National Economic Transformation: The European Union after the Lisbon Decade, M. Smith (editor), Palgrave Studies in European Union Politics Series, Macmillan (2012), 15-31.

Financial Economics, [Z. Bodie & R.C. Merton (Nobel Laureate 1997)], Prentice-Hall, 2nd edition (2009).

“Equilibrium Conditions for Efficient Rent Seeking: The Nash-Cournot Solution,” Quarterly Review of Economics and Finance, 29-2 (1989), 6-14.  [Reprinted in Efficient Rent Seeking: Chronicle of an Intellectual Quagmire, A. Lockard & G. Tullock (editors), Kluwer Academic Publishers, (2001), 89-96.]

“Economic and Monetary Union Is Off on the Right Foot,” Brown Journal of World Affairs, 6-2 (1999), 163-72.

“Income, Risk Aversion, and the Demand for Insurance,” [B. Zellner], Southern Economic Journal, 60-1 (1993), 146-56.

“What Does the Consumer Price Index for Prescription Drugs Really Measure? “[V. Goepfrich & B. Weisbrod], Health Care Financing Review, 13-3 (1992), 45-51.

“The Medically Uninsured: A Case of Market Failure?” Public Finance Review, 17-1 (1989), 55-83. 

 “Stock and Option Markets: Are Insider Trading Regulations Effective? “ [P. Reeder], Quarterly Review of Economics and Finance, 27-1, (1987), 63-76.

“Wage and Price Measures of the Excess Burdens from Taxation,” Public Finance/Finances Publiques, 39-1 (1984), 11-24.

“Theory of Real Wage Indices,” American Economic Review, 72-1 (1982), 214-25.