The University of Minnesota is well known for great academics, especially in the field of economics. On October 10, Drs. Thomas Sargent and Christopher Sims received the Nobel Prize in economics for their key research conducted while both were economics professors at the University of Minnesota! (Dr. Sargent is now at NYU and Dr. Sims is now at Princeton.) Sargent was on the economics faculty from 1971 to 1987, and Sims from 1970 to 1990.
There are now 22 Nobel laureates with Minnesota ties. Click here to see the complete list of our alumni who have been recognized with the Nobel Prize. Seven of the 22 Nobel recognitions are in economics, and five of those awards have come since 2000. The University of Minnesota now ranks second among public research universities with ties to economic laureates, behind the University of California at Berkeley with 15.
There are currently more than 400 sophomores, juniors, and seniors majoring in Economics at the University of Minnesota-Twin Cities, and the undergraduate Economics Student Organization (ESO) is very active on campus. To learn more about the Economics major as an undergraduate at UMTC, click here to visit their homepage.
Pictured below is the Nobel Prize winners themselves: Drs. Sargent and Sims. To read more about how they are continuing the legacy of the University of Minnesota's great academics, click here.
Dr. Thomas Sargent
Dr. Christopher Sims