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David Spencer

David E. Spencer, PhD



Monetary Theory


BA, Brigham Young University, 1971
MS, Texas A&M University, 1973
PhD, Texas A&M University, 1974

Research and Professional Experience

David E. Spencer attended Brigham Young University, graduating with a bachelor of arts degree in the field of economics in 1971. He then attended Texas A&M University, where he received his Master’s degree in Statistics in 1973, and later his Ph.D. in Economics in 1974. After graduation, Dr. Spencer went on to teach at Michigan State University from 1974-1975, Illinois State University from 1975-1979, and Washington State University from 1979-1986 before returning to his alma mater in 1986 where he remained until his retirement. During that time, he spent 1988-89 as a Visiting Scholar at MIT and 2007-08 as a Visiting Professor at the University of Michigan.

Notably, Dr. Spencer was a Fulbright Scholar in Vietnam in 1997, as well as an Alcuin Fellow at Brigham Young University in 1997. His research is in macroeconomics and econometrics focusing on alternative theories of business cycle fluctuations and econometric methods used by macroeconomists. He also played a key role in establishing the BYU Macroeconomics Computational Laboratory (MCL) in 2012 with professors Kerk Phillips and Rick Evans.​

Dr. Spencer retired in 2014.