The Economics faculty members at UMass Amherst work in diverse areas, from heterodox economics, such as Marxian, Post-Keynesian, Neo-Ricardian, Institutionalist, feminist, and stratification economics, to mainstream approaches such as applied microeconomics, economics and philosophy, and general equilibrium theory. The faculty studies economic theory and applied economics related to multiple dimensions of human well-being and social welfare; how economic opportunities are generated and distributed in society; the interplay between power and institutions and between economic behavior and the performance of the economy; and the importance of race, class, and gender.