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Owen Irvine

Owen Irvine earned a BS in Mechanical Engineering from Duke University in 1969 and a PhD in Economics from MIT in 1976. He joined the faculty at Michigan State in 1982 after six years at Wesleyan University. Professor Irvine’s area of focus is macroeconomics and monetary economics.

Professor Irvine is an internationally respected expert on inventory behavior and on housing markets and their interaction with business cycles and macroeconomic performance. In recent years he has served as a visiting scholar at Boston University and the Federal Reserve Bank of Boston, where he studied long term trends in US inventories, sales ratios and their relationship to output volatility. In the classroom, Professor Irvine particularly enjoyed teaching macroeconomics and forecasting to MBA students, and money and banking to advanced undergraduates. Professor Irvine has served on the Board of Directors for the International Society for Inventory Research since 2002 and he has served as a consultant to a variety of local Michigan governments and trade associations on housing market regulation.

Michigan State University Department of Economics