Economics research?

<p>Hi</p>

<p>When I read its website, Caltech only allows research from the science field. Is it OK to submit a research paper for Economics to Caltech? It's actually an Extended Essay of the International Baccalaureate curriculum. The topic is somehow related to how technology transform today's economics.</p>

<p>Any idea?</p>

<p>That should be fine. Caltech has a strong economics program, and many students graduate every year with that degree, either solely, or as a part of a double-major program.</p>

<p>It's true, economics is a science too!</p>

<p>thanks for that response, Michael Woods....</p>

<p>Economics is to the social sciences as physics is to the physical science, thereby making economics just that much cooler :-D.</p>

<p>How is the focus on economics at Caltech? Austrian? What about the professors?</p>

<p>the economics done at caltech is, as in any other good department, neoclassical rational choice theory (following Samuelson, Friedman, Becker, etc.), with a focus on microeconomics, political economy, and experimental methods. the teaching can be quite good and research opportunities are probably unmatched. prominent professors include Tom Palfrey (political economy and experiments), Charlie Plott (one of the founders of experimental economics), John Ledyard (a pretty well-known theorist with interests in market design for organizations like California power companies), Preston McAfee (currently on leave at Yahoo as VP of research but probably back in 2009 and an exceptional teacher and researcher in industrial organization and business economics), Colin Camerer (a leader in behavioral and neuro-economics)... and the list goes on. caltech is at the forefront of blending classical economics with experimental, biological, and computational approaches and that makes it a pretty exciting place to be.</p>

<p>Since we have the example of Ben Golub -- who is now doing econ -- I would be careful about making such generalizations.</p>