Dr Michael Vogt

Professor of Economics

Dr. Vogt joined EMU in 1978. He has a Ph.D. from the University of Wisconsin, Madison. His major areas of academic interest are International Economics, Macroeconomics, and Monetary Economics. He regularly teaches graduate and undergraduate classes in International Economics. He also teaches the macroeconomics half of the Principles of Economics sequence. Dr. Vogt's international economics courses are integral parts of the university's programs in Language and International Trade, and Language and World Business.

His research interests include the balance of payments, foreign exchange rates, Federal Reserve policies, and interest rates. His publications include: "Determinants of the Demand for Thailand's Exports of Tourism," Applied Economics, March 1998 with Chutima Wittayakorn, "The Monetary Model of the Balance of Payments: Application to Taiwan," Journal of Economics , Spring 1995, with R. Hanna; "Time Series Analysis of Dollar/Won Exchange Rate," Seoul Journal of Economics, December 1991, with R. Hanna; "Variations of the Federal Funds Rate and Bank Reserve Management," Journal of Bank Research, Autumn 1984, with R. Hanna; "The Demand for Imports of Venezuela," Journal of Development Economics, April 1984, with O. Melo.

Dr. Vogt has written a textbook, Principles of Macroeconomics, which is being published by Huron Valley Publishing, Inc. (Ann Arbor, Michigan).  (Chapters 1 and 2 can be viewed by going to "New Item" below.)  Students in his classes have given the book a high evaluation, and there has been a significant increase in the average grade of students enrolled in Dr. Vogt's sections of Economics 201 (Principles of Economics I).