Economic Analysis & Policy Group
Dedicated to Teaching
The EAP group teaches courses that combine solid theoretical grounding with direct applications to the business issues of today and tomorrow. Nearly every senior EAP faculty member has been nominated for a Cheit teaching award, and most have won it-a remarkable performance that reflects the group's dedication to teaching.
At the Forefront of Research
Business leaders are faced with issues of globalization, technological change, market change, and organizational change. Research by EAP faculty members has led to farsighted contributions to all these areas. EAP research has influenced how businesses are run, how they are regulated, and how the country and international agencies are run.
EAP faculty have also developed critical insights for managers on how to structure the firm and its contracts for success when managing suppliers and alliances has become more critical, how to deal with diversity among customers and employees, how to compete in unregulated markets, how to deal with currency fluctuations, and how to manage in a global economy. We invented the concept of "Network Externalities" and established new analytic frameworks for how to compete in the e-commerce and other industries where controlling the standard or the network is the key to success. Our faculty’s research has laid the foundation for understanding financial crises, improving corporate governance, and the general problem of understanding strategic interaction (the latter leading to John Harsanyi’s Nobel Prize in Economics).
A Tradition of Service
Haas EAP economists have served at the highest levels of government, including service as Chief Economist for the Federal Communications Commission, the Comptroller of Currency, and the Department of Labor as well as Deputy Assistant Attorney General for Economics, Antitrust Division, Department of Justice; and Member of the Governing Board of California Power Exchange Corporation. We are particularly proud of Janet Yellen's service as Chair of the President's Council of Economic Advisers, as Governor of the Federal Reserve System, and currently as President of the Federal Reserve Bank of San Francisco.