Abstract
This study ranks the top 25 U.S. economics departments on the basis of four prestigious awards won/held by these departments' current faculty: the Nobel Prize in Economic Sciences, the John Bates Clark Medal, the American Economic Association's (AEA's) Distinguished Fellow Award, and the American Economic Association's Richard T. Ely Lecturer. Based on our methodology, the top economics department is affiliated with the University of Chicago. This distinction stems from its affiliation with six Nobel Prize winners, four Clark Medal winners, and two participants each in the AEA Distinguished Fellow and Richard T. Ely Lecturer categories.
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