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Dr. William C. Wood
Contact Info

Professor of Economics & Director, Center for Economic EducationJMU Faculty William Wood

Year Start at JMU: 1989

Education:  Ph.D., University of Virginia, 1980
B.A., highest honors, Auburn University, 1974  

Academic Interests: Industrial organization, public choice, behavioral finance, economic education

Professional Background: Staff writer, The Associated Press 

Service work: Webmaster, Shenandoah Valley Autism Partnership; Leadership Team, Beaver Creek Church of the Brethren

Personal Interests: Webmaster, and; avid cyclist; Current Courses Taught: Introduction to Macroeconomics, Introduction to Microeconomics, Econometrics, Industrial Organization

Key Publications:

Wood, W. C., Schug, M. C. (2011). Economic Episodes in American History. Morristown, NJ: Wohl Publishing.

Wood, W. C. (2002). Getting a Grip on Your Money. Downers Grove, IL: InterVarsity Press.

Wood, W. C., O'Roark, J. B., DeLaCruz, L. M. (2013). A Threat-Response Model of Counter-Terrorism: Implications for Information Security. International Journal of Risk and Contingency Management, 2(4), 39-49.

O'Roark, J. B., Wood, W. C. (2011). Determinants of Congressional Minimum Wage Support:  The Role of Background and Education. Public Choice, 147(1-2), 209-225.

Wood, W. C. (2008). Subprime Lending and Social Justice: A Biblical Perspective. Journal of Markets and Morality, 11(2), 189-204.

Positions Held:

1989-present, Professor of Economics and Director, Center for Economic Education, James Madison University


The Princeton Review's Best 300 Professors, 2012

Distinguished Service Award, James Madison University College of Business, 2010-2011.

Distinguished Leadership Award for support of literacy in the central Shenandoah Valley, Skyline Literacy Coalition, 2007.

Best Paper Award, Journal of Private Enterprise. (2001).

Madison Scholar, James Madison University. (1997).

National Winner, Essay Competition in Entrepreneurship and Public Policy, Association of Private Enterprise Education and National Federation of Independent Business. (1994).

Clifford D. Spangler Award, Alpha Kappa Psi and the American Risk and Insurance Association. (1991).



  • March 2013

    Dr. William C. Wood (J.W. and Alice S. Marriott Faculty Fellow; Director, Center for Economic Education; Professor, Economics) received $60,499 from Shenandoah Valley Economic Education Inc. for "Economic Education Consultant Program" to continue a teacher outreach program in economic education.

  • July 2014

    Dr. William C. Wood (J.W. and Alice S. Marriott Faculty Fellow; Professor, Economics; Director, Center for Economic Education) received $64,818 from Shenandoah Valley Economic Education Inc. for an economic education consultant program to improve economic literacy in Harrisonburg and Rockingham County.