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UW Ranks Among World Leaders in Environmental Economics

September 10, 2014

The University of Wyoming Department of Economics and Finance has one of the world’s top programs in environmental economics, according to a prestigious worldwide organization that disseminates economics research.

In its “Top 10% Institutions and Economists in the Field of Environmental Economics,” Research Papers in Economics ranked the UW Department of Economics and Finance 11th -- tied with Oxford University. The list includes all academic and non-academic research institutions globally.

Among universities only, UW is ranked seventh in the world, again tied with Oxford. Among only U.S. universities, UW is fourth behind Harvard, the Massachusetts Institute of Technology and Yale.

“The ranking is a tribute to the considerable research productivity and performance of all the Economics and Finance faculty engaged in environment economics,” says Ed Barbier, the John S. Bugas Professor of Economics and Finance in the UW College of Business. “It also reflects well on the entire university and College of Business, which over the years has supported and facilitated the decision by our department to make environmental economics our key field of specialty.

“That decision has proven to be far-sighted, as our environmental economics program has now demonstrated that it is one of the best among universities in the United States and the world.”

In addition to the ranking for the entire department, three faculty members are listed among the world’s top 100 environmental economists. Barbier is ranked 23rd, while Jay Shogren, Stroock Professor of Natural Resource Conservation and Management, is 41st on the list. Shogren recently was named a fellow of the Association of Environmental and Resource Economists, the nation’s pre-eminent professional society for environmental economists and policy.

Chuck Mason, UW's H.A. "Dave" True Jr. Chair in Petroleum and Natural Gas Economics, is ranked 91st on the Researcher Papers in Economics list.

“That is another indication of the depth in our department, with three of the endowed chairs ranked individually in the top 100 environmental economists in the world,” Barbier says.

The Department of Economics and Finance offers undergraduate and master's degrees in economics and finance, including a dual master's in economics and finance combined, as well as a doctoral degree in economics. In 2010, the National Research Council ranked the department as the nation's leader in faculty research output and eighth overall in research productivity out of 120 U.S. Ph.D. programs.

The department’s faculty strives to use economics and finance to create more well-being while protecting the environment and natural resources.

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