Mission and Vision
Our mission is to produce graduates and scholarship of international distinction. Consistent with CSM's mission, the Division emphasizes applied work devoted to industry decision making and public policy. Taking advantage of the strong mathematical and quantitative skills of CSM students, the Division emphasizes quantitative methods. As a multi-disciplinary academic unit, the Division focuses on fields within economics and business that complement one another and build on CSM strengths--that is, microeconomics, management science, and finance.
Our vision is to excel in teaching and scholarship in applied economics and business, especially as they relate to minerals and materials, energy, the environment, and technology.
Division Faculty and Student News
Kevin Raber - William Jesse Coulter Award in Economics
Eric Segal - Hubert and Sarah Risser Award in Mineral and Energy Economics
Patrick Lineberry - Jerome and Rebecca Broussard Award for ETM
Jennifer Van Dinter - Wiliam Jesse Coulter Award in Mineral and Energy Economics
Alexandra Newman-Committee for Teaching of OR/MS Practice, Teaching of Practice Award
Carol Dahl-Association for Energy Economics International, Outstanding Contributions to the Profession Award
Graham Davis - Mineral and Energy Economics Program, Excellence in Teaching Award
Steffen Rebennack - Engineering and Technology Management Program, Excellence in Teaching Award (Two recipients)
Alexandra Newman - Engineering and Technology Management Program, Excellence in Teaching Award (Two recipients)
Dan Kaffine - Economics and Business Undergraduate Program, Excellence in Teaching Award
John Stermole - Economics and Business Program, Outstanding Faculty Award
On November 4, 2012, Dr. Rod Eggert gave a keynote presentation at the China Mining 2012 conference in Tianjin, China. His presentation was titled "Economic Perspectives on Global Mineral and Metal Markets." Over the next 3 days sessions were presented by leaders from China, Australia, Canada, Mongolia, Sudan, Cambodia, Peru, South Africa, Venezuela to name just a few of the countries represented in this world-wide conference.
INFORMS 2012 (Institute for Operations Research and the Management Sciences) was held in Phoenix, Arizona October 14-17. Alexandra Newman, Associate Professor and Steffen Rebennack, Assistant Professor, attended along with seven students from the Operations Research with Engineering Interdisciplinary Program.See list of students and the presentation titles.
Donal O'Sullivan, PhD candidate in Mineral and Energy Economics, was awarded 2011 Best Paper in Mining Sponsored Sessions Award at INFORMS 2012. His presentation was titled "Long-term Extraction and Backfill Scheduling in a Complex Underground Mine". Christopher Cullenbine, PhD, MEE' 12, received the award for Outstanding Reviewer. This was in appreciation of valued service to the Institute for Operation Research and the Management Sciences.
J.E. Tilton, Research Professor, was quoted in the Wall Street Journal about the future availability of earth's mineral resources on June 4, 2012.
Rod Eggert, Professor and Division Director, presented a lecture at the Petroleum Engineering Summer School, Inter-University Centre on "International Energy Markets" in Dubrovnik, Croatia, June 4 - 6, 2012
Ed Balistreri, Associate Professor, was appointed as an Affiliate Scientist at the National Center for Atmospheric Research. This appointment is from June 1, 2012 through May 31, 2015.
Thanks to a generous donation from the Alcoa Foundation, faculty and graduate students from the Division of Economics and Business undertook a multi-year research project to explore the intersection between public policy and waste and recycling. View the project website here.
Professor Rod Eggert quoted in a Reuters piece about rare earth minerals.
Arturo Vasquez, a Mines PhD student in Mineral and Energy Economics, has been awarded a 2010-2011 Society for Mining, Metallurgy and Exploration Environmental Division Scholarship. Vasquez will receive the $2,000 scholarship award during a luncheon in March during the SME Annual Meeting and Exhibit in Denver.
Dr. Rod Eggert quoted in the Grand Junction Sentinel article: “Time to tap abundant resources of Energy Alley”.
Dr. Rod Eggert quoted in the Grand Junction Sentinel article: “Two companies push Uranium mining in region”.
Dr. Steffen Rebennack was awarded the German Society of Operations Research Dissertation Award 2011. Timo Lohmann, PhD Student in the Interdisciplinary Operations Research with Engineering Program, received the German Society of Operations Research Master Thesis Award of 2011. Both received the awards at the OR 2011 International conference in Zurich, Switzerland.
Rod Eggert speaking about rare earths on American Public Media's Marketplace
Dr. Daniel Kaffine interviewed by the Denver Post on oil and gas prices.
Dr. Kaffine seminar on Emission Savings From Wind Generation quoted in the Oredigger student newspaper.
Read Dr. Eggert's Statement before the European Parliament's Committee on Industry, Research and Energy on "Access to Raw Materials: A U.S. Perspective," Brussels, Belgium, January 26, 2011.
Mines Division of Economics and Business Assistant Professor Steffen Rebennack received an "Honorable Mention" for The 2010 George B. Dantzig Dissertation Award. This award is given by the Institute for Operations Research and Management Science (INFORMS) to recognize innovative dissertations that are also relevant to practice. Rebennack wrote his dissertation, "A Unified State-space and Scenario Tree Framework for Multi-stage Stochastic Optimization," at the University of Florida under the auspices of Prof. Panos M. Pardalos before joining the faculty at Mines.
Professor Rod Eggert is quoted in the Christian Science Monitor article "China's lock on market for rare earth elements: Why it matters". Dr. Eggert also receives credit at the end of the Slate story "Has the Earth run out of any natural resources?".
Carol Dahl interviewed and reported in Engineering News.
John Tilton is quoted in the Christian Science Monitor story “Chile mine rescue shows how far mine safety has come”.
Professor Rod Eggert was quoted in the Wall Street Journal article “Pentagon in race for raw materials”.
Dr. Eggert was also recently quoted in The New York Times concerning the minerals under Afghanistan and the cost of mining them "The Curse of Plenty".
Professor Rod Eggert received the 2010 Mineral Economics Award from the American Institute of Mining, Metallurgical, and Petroleum Engineers (AIME) for “contributions to resource development research and global mineral policy development.” He was presented the award on March 3, in Phoenix, Arizona, at the annual dinner of the Society of Mining, Metallurgy, and Exploration, which is a member society of AIME.
The journal Interfaces recently published the 8th Rothkopf rankings of university contributions to the academic literature in applied operations research. Colorado School of Mines is first out of 45 U.S. universities in one measure of contributions (yield) and second in the other measure (visibility).
Rod Eggert, Dan Kaffine, and John Tilton have been awarded a $370,000 grant from the Alcoa Foundation for a two-year program of research on Recycling, Solid Waste and Public Policy. The research seeks to better understand the determinants of recycling in the United States. It will focus in particular on the strengths and weaknesses of various public policies influencing recycling of selected solid-waste streams, particularly containers (including but not limited to aluminum, steel, and plastics).