Ken Peterson (Ph.D., State University of New York at Stony Brook) joined the Furman economics faculty in 1990. His teaching interests include microeconomic theory, urban economics, population economics, environmental economics, and research methods in economics.

An outstanding teacher and mentor, Professor Peterson was the recipient of the Alester G. Furman, Jr. and Janie Earle Furman Award for Meritorious Teaching. His recent research interests have been in the areas of hedonic house pricing, parking policies and environmental impacts, and social capital. Professor Peterson has also supervised numerous undergraduate research projects through the Economics Department's summer research program, and he is in his ninth year as department chair.​

Name Title Description


Introduction to Economics

Introduction to the essential concepts of economic analysis and implications for public policy. Emphasis on examining the operation of markets in both a macro and micro setting. Topics include: inflation, unemployment and monetary policy as well as consumer behavior, the operation of business firms, and supply and demand. Offerings at other institutions are not typically considered equivalent to this course unless they provide thorough coverage of topics introduced in both macro and microeconomics.


Urban Economics

Survey of economic analysis in its application to urban problems, development patterns, land markets, and labor markets. Causal factors creating urban dilemmas and the policy alternatives available for improving the quality of urban life are considered. Exploration of the effects of environmental, social and political forces on the urban economy and urban life.


Economics of the Environment

Developing the economic tools that are needed to understand the economic basis of environmental problems and evaluate the policies that are intended to reduce environmental degradation.


Empirical Methods in Economics

Introduction to the methods of preparing and analyzing data for economic research. Students become familiar with the basic empirical methods used by economists, particularly regression analysis. Computer software packages used extensively.


Intermediate Microeconomics

Operation of the price system and its role in understanding the behavior of individual economic units: consumers, producers, and suppliers of resources. Applications of price theory to contemporary microeconomic problems.


Senior Seminar in Economics

Capstone course for economics majors. Reading and analysis of selected topics. Research, data analysis and writing of selected topics. Presentation of student research in oral forum.


Economics of Walmart

Examines the economic forces, business decisions, and controversies related to big box retail stores, including their effects on local businesses, traffic congestion, and urban development. Discuss the emergence of Wal-Mart's global supply chain and its implications for efficiency and well-being in the United States and developing countries. Assess whether Wal-Mart is the economic miracle of modern times or a behemoth that should be contained by government policy and regulation.

  • "The Tangency Requirement Between Average Revenue and Average Cost Curves" with Kailash Khandke, Atlantic Economic Journal 30(2), June 2002, 219.
  • "Using a Geographic Information System to Teach Economics." Journal of Economic Education 31(2), Spring 2000, 169-178.
  • Alester G. Furman, Jr., and Janie Earle Furman Award for Meritorious Teaching
Stony Brook University
Stony Brook University
Iowa State University

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