Global Economies and Markets

Learn about the Global Economies and Markets (GEM) academic area at Darden, its faculty and its work.

Global Economies and Markets (GEM) area faculty apply the ideas and methodologies of economics to the analysis of the business environment in which firms operate and managers make decisions. The research in the GEM area focuses on economic and market institutions, financial markets, economic development, industry economics, public policy and applied economics more generally.

In the First Year course, GEM expands students’ knowledge of global economies and markets in three dimensions. First, it delivers insights and tools for analyzing markets in the global economy by studying topics including competition, market structure, efficiency, industry equilibrium and change.

Second, it provides tools and concepts for analyzing the performance of national economies by focusing on the economic and political forces that shape production, trade flows, capital flows, interest rates, exchange rates and other variables that define the global economic landscape.

Third, it applies the tools of international trade and finance to broaden students’ perspectives on how globalization affects the performance and strategies of nations and firms.

The ultimate objective of the GEM area is to help students develop frameworks for analyzing both opportunities and risks when operating in the global business environment.


Alan R. Beckenstein

Alan R. Beckenstein

Robert D. Landel Distinguished Professor of Business Administration


Gaurav Chiplunkar

Assistant Professor of Business Administration

Peter Debaere

Peter Debaere

Tipton R. Snavely Professor of Business Administration Chair

Ana Fostel

Ana Fostel

Associated Faculty

Kinda Hachem

Kinda Hachem

Morris Plan Associate Professor of Consumer Credit


Anton Korinek

Professor of Economics, Department of Economics
Professor, Darden School of Business

 Ayhan Kose

Ayhan Kose

Dean's Fellow


Daniel Murphy

Jung Family Associate Professor of Business Administration

Peter D. Prowitt

Senior Lecturer

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Stefan Ruediger

Associate Professor

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Felipe Saffie

Assistant Professor of Business Administration


Bo Sun

Associate Professor of Business Administration

Frank Warnock

Francis E. Warnock

James C. Wheat, Jr. Professor of Business Administration

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Veronica Cacdac Warnock

Professor of Practice
Batten Institute Fellow


Dennis T. Yang

Dale S. Coenen Free Enterprise Professor of Business Administration