Dr David Crary
Associate Professor of Economics
Dr. Crary joined the department in 1980. He holds a Ph.D. from the University of Maryland. His major areas of academic interests are Macroeconomics, Economic Forecasting, and International Economics. He teaches both of the undergraduate and graduate Economics Forecasting courses, International Economics, Intermediate Macroeconomics, and U.S. Economic History. He also teaches the Macroeconomics half of the Principles of Economics sequence.
For ten years (until 1994) Dr. Crary held a joint appointment with economics and EMU's Institute for Community and Regional Development, ICARD. His work with ICARD included conducting its regular forecasts of economic growth in the southeast Michigan region, pursuing special projects such as a study of the regional economic impact of the 1992 closing of the General Motors Willow Run Assembly plant, and editing its newsletter. Dr. Crary's economic forecasts for the southeast Michigan region were regularly published in conjunction with ICARD'S newsletters and special reports.
His recent research in the area of NAIRU, entitled, "Labor quality, Natural Unemployment, and U.S. Inflation,' appeared in The Quarterly Review of Economics and Finance, 2000. Currently, he is working on re-estimating and updating the macroeconomic model of the U.S. economy used in his forecasting classes.