EMP faculty and staff are actively engaged in research, analyzing factors that affect the success of emerging economies. Research output is disseminated through EMP annual symposiums, case studies, seminars and publications.

Research areas include issues relating to economic development models and economic analysis, markets for environmental product and new products valuation, organic products, entrepreneurship, community development, market integration, and market development.

Current Research:

  1. Market Integration
  2. Effectiveness of seed markets to rural African farmers
  3. Community and Economic development in rural areas
  4. Financial Markets


Students come from diverse backgrounds and from many countries. Many recent graduates have embarked on academic careers at universities both in the U.S. and overseas. Others are employed in the public and private sectors, here or in their home countries, and by international agencies and research foundations.


Economics of Development (AEM 464)

This course is designed to provide an understanding of the economics of agricultural and more general issues of economic development in low-income countries. Among the areas covered are the nature of development and technical change, welfare and income distribution, land reform, food and nutrition policy, food security and food aid, competition with more developed countries and international markets, the effect of U.S. policy on agricultural development, and the role of international institutions. Examples from a wide variety of developing countries will be used to illustrate the basis for economic analysis.

Brief syllabus of the class (88k pdf)

Emerging Markets (AEM 442)

This course provides a framework for examining the effectiveness of marketing strategies of economies in transition and identifying the challenges and opportunities for firms in low-income economies to access industrial markets. The risk of entering markets in low-income economies will be appraised and an assessment of the political, legal, cultural, and economic forces will be conducted. Case studies of companies will be analyzed and discussed.

Brief syllabus of the class (140k pdf)

Field Study in Emerging Markets (AEM 497/700)

This activity is a core element of out training in Emerging Markets. It will offer a unique opportunity for students to gain a practical business experience. The course will require teams of 3-5 students to complete an assignment in an emerging economy. The team prepares during the fall semester and then travels to the country of assignment in early January to complete a three-week consultancy. Students will work under the supervision of faculty in the Department of Applied Economics and Management. They will report to the client-firm at the end of the three-week period with an executive summary of findings. In the spring semester, the students will submit a full report.

Brief syllabus of the class (84k pdf)


When Ralph Christy, a Cornell University Professor, inaugurated the Emerging Markets Program at Cornell, he also envisioned the creation of an independent organization that would encourage discussions and bridge the exchange of information and knowledge between entrepreneurs in emerging markets, leading practitioners, and academics - Market Matters, Inc. (MM, Inc.).