The Department of Business Economics and Public Policy (BEPP) contains a diverse and international group of active researchers, scholars, and teachers. We’re proud to contribute to the training of business professionals at one of the world’s best business schools both at the undergraduate and graduate level.
Our courses prepare students to be more effective managers by providing them with an understanding of the institutional details within which firms operate at the regional, national, and international level. Students learn to think strategically within the market and institutional settings. They’re trained not only to recognize how their firm’s actions will elicit reactions from interested rivals, government bodies, and non-governmental organizations, but also to use these reactions to their strategic advantage.
With this training in hand, BEPP graduates are well prepared for success in their future business careers. Our undergraduate majors are among the most successful and highest paid at the Kelley School, accepting positions at the nation's top consulting firms and investment banks. The department also has successful PhD placements with graduates accepting jobs in national and international research universities.
The BEPP faculty conducts research at the nexus of managerial economics and business strategy in both the market and non-market environments. Our faculty sits on editorial boards of more than 10 leading journals in economics and produces numerous leading research articles and edited volumes annually, and are frequently published in journals such as American Economic Review, Econometrica, Review of Economic Studies, RAND Journal of Economic, and the Journal of Political Economy.
The department has a long history of providing economic advice to local, state, and federal officials and agencies. Professor Mike Baye has served as chief economist of the Federal Trade Commission. You can read more about his accomplishments, as well as other alumni stories, on our spotlights page.
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