University of Vermont

The College of Arts and Sciences

Department of Economics

Faculty - Maharouf Oyolola

Photo of Prof. Oyolola


  • Ph.D., Economics; University of Wisconsin-Milwaukee, 2007
  • CV
Area of expertise

Economic Development/Growth and Macroeconomics.

Contact Information
Phone: 802-656-0640
Office Location: 229 Old Mill
Office Hours: by appointment only

Dr. Oyolola came to the University of Vermont in 2007 after the completion of his doctorate degree at the University of Wisconsin-Milwaukee. He is an alumnus of the nationally recognized American Economic Association Summer Program (2002) and a current fellow of the Diversity Initiative for Tenure in Economics (DITE). While in graduate school, Dr. Oyolola did his internship with the United Nations during which he worked on the Millennium Development Goals (MDGs).

His primary research focuses on the impact of foreign aid on poverty reduction in aid-recipient developing countries. The second component of his research program investigates the impact of immigration on U.S. welfare programs, with an emphasis on African and Caribbean immigrants.

He has published in the Journal of Economics and Finance and the International Journal of Sociology and Social Policy. His current research project is to examine the impact of the 1996 welfare reform on the labor market outcomes of immigrants in the United States.

Courses taught at the University of Vermont

  • Econometrics and Applications
  • International Trade
  • Intermediate Microeconomic Theory
  • Money and Banking
  • Principles of Microeconomics
  • Economic Methods

Before coming to the University of Vermont, he taught at the University of Wisconsin-Parkside and Concordia University, Mequon. Courses taught:

  • Managerial Economics
  • Industrial Organizations
  • Principles of Macroeconomics

Published and Working Papers