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Merrick School of Business

Bansi Sawhney

Bansi L. Sawhney, Ph.D.

Professor of Economics

Department of Finance and Economics
Office: Business Center 471
Phone: 410.837.5049

  • Ph.D., George Washington University
  • M.S., Indiana State University

Dr. Sawhney primarily teaches economics. Among the most recent courses taught are: International Economics, Basic Economics, Managerial Economics and Macro and Microeconomics. He has authored more than 45 publications. His articles have appeared in professional refereed journals such as Economic Quarterly, Applied Financial Economics, Journal of Economic Research, KYKLOS, and Quarterly Review of Economic & Finance. His research interests include topics such as, Stock Market and the Macroeconomy, Military Spending and its Economic Impact, Business Investment and the Stock Market, International Trade, Income Inequality and Monetary Policy. He serves on the editorial board of several economic journals and edits the Indian Journal of Economics and Business. He is the recipient of the Harry Y. Wright Distinguished Chair in Economics.

Intellectual Contributions

Refereed Journal Articles

Sawhney, B. L., E., W., & . (2012). Investment and Returns:Canadian Stock Market. SCMS Journal of Indian Management. IX(III), 21-29.

Sawhney, B. L. (2011). The Impact of Military Spending on Economic Growth: North Cyprus. Defence and Peace Economics. 22(5), 555-562.

Sawhney, B. L., Anoruo, E., & DiPietro, W. (2010). Does Openness Cause Government Consumption? Evidence from Multivariate-Based Causality Tests. Journal of Business and Economic Perspectives. xxxvi(1), 6-17.

Sawhney, B. L., Mehra, Y., & . (2010). Inflation Measure,Taylor Rules, and the Greenspan-Bernanke Years. Economic Quarterly. 96(2010), 123-151.

Sawhney, B. L., Ferudin, M., & Sawhney, B. L. (2009). Stock Market and Investment in Turkey. Journal of Economics/Ekonomska Istrazivania. 22(4), 17-29.

Sawhney, B. L. (2009). Openness and Economic Growth in an Emerging Economy: The Case of Russia. Journal of Economics Research, Vol 22(3) 63-72. Journal of Economics Research. 23.


Sawhney, B. L. Yes "Economic and Financial Crises," IJEB and Serial Publications, New Delhi, India. (2011).

Sawhney, B. L. Yes "Does Openness Cause Growth in Emerging Economies," New York. (2011).

Sawhney, B. L. Yes "Paper on Growth in LACs," EEA, New York. (2011).

Sawhney, B. L., & . Yes "Openness and Economic growth in Brazil," Houston. (2010).

Sawhney, B. L. Yes "India's Optimal Trade Strategy: aA General Equilibrium Approach," American Econmic association/AIEBS, San Francisco. (2010).

Research in Progress

"Does Openness Cause Govenment Consumption: Evidence from Multivariate - based Causality Tests" (Writing Results)

"Impact of Military Spending on Economic Growth" (On-Going)

"Inflation Measure.Taylor Rules, and the Greenspan-Bernanke Years" (Writing Results)

"Openness and Economic Growth in Brazil" (Writing Results)

"Permanent and Temporary Components in the Dynamics between Stock Market and Economy" (On-Going)

"Stock Market and Investment in Turkey" (On-Going)