The Becker Friedman Institute for Economics (BFI) at The University of Chicago is pleased to announce the 2023 Price Theory Summer Camp cohort, consisting of 40 PhD students in economics from 25 institutions around the world. More information on the 2023 cohort is available here.

A cornerstone of BFI’s Price Theory Initiative, the Price Theory Summer Camp was created by Professors Kevin Murphy, the George J. Stigler Distinguished Service Professor of Economics at the Booth School of Business, and Steve Levitt, the William B. Ogden Distinguished Service Professor of Economics at the Kenneth C. Griffin Department of Economics. Its aim is to introduce PhD students from outside of The University of Chicago to price theory, which emphasizes the application of basic economic tools to problems.

“With each passing summer, the Price Theory Summer Camp continues to grow, and interest in the camp has reached an all-time high,” said Kevin Murphy. “This cohort was chosen from an incredibly competitive pool, and we look forward to having these talented scholars on campus to engage with price theory and to lay the foundations for thoughtful and rigorous future research in economics.”

During this intensive one-week program to be held from June 25 through June 29, 2023 at The University of Chicago, students will hear lectures from UChicago and visiting faculty and experience a series of “Chicago-style” seminars where faculty will present their research in progress. Past faculty and regular speakers have included Steve Levitt and Robert Topel of UChicago; Dierdre Nansen McCloskey of the University of Illinois at Chicago; and Jesse Shapiro of Harvard University.

Participants will also work on problem sets in workshops and have opportunities to discuss their own work with some of the world’s leading economists.

Now in its thirteenth year, the Summer Camp boasts 378 alumni, approximately 300 of whom have completed their PhD and entered the workforce. 82 percent of alumni pursued careers in academia, while others work in the government or private sector. The 2023 cohort will join a robust network of working economists steeped in price theory.

Since its formation, the Price Theory Summer Camp has been generously supported by MarrGwen and Stuart Townsend.

For more information on the 2023 Price Theory Summer Camp, click here.