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1990 Ph.D., Economics, University of California, Los Angeles
1980 M.A., Economics, University of California, Los Angeles
1978 B.A., Economics, University of California, Los Angeles

Michael Sproul joined the USC Department of Economics as a lecturer in 2005 and was appointed as an assistant professor (teaching) in 2019.

Prior to joining USC Economics, Sproul taught at the University of Redlands; University of California, Santa Barbara; Loyola Marymount University; California State University, Northridge; Santa Monica College; Los Angeles City College; and West Coast University. The courses he has taught include principles of microeconomics and macroeconomics, industrial organization, price theory, and money and banking.

He was a staff economics with Merrill Lynch IBAR in Pasadena, California.


"The Real Meaning of the Real Bills Doctrine," Munich Personal RePEc Archive, 2018.

"The Shut-down Price, Reconsidered," Munich Personal RePEc Archive, 2016.

"The fiscal theory of the price level and the backing theory of money." Munich Personal RePEc Archive, 2011.

"The Law of Reflux," Munich Personal RePEc Archive, 2010.

Principles of Economics: An Online Textbook, 2009

Contributing author, The Biographical Dictionary of British Economists. Authored biographical entries on Charles Bosanquet and Simon Clement, 2003.

"Antitrust and Prices", The Journal of Political Economy, August, 1993. Paper summarized in The New York Times, October 10, 1993.

Assistant author, with Jack Hirshleifer, of Price Theory and Applications, 3rd edition (Prentice-Hall, 1983).

"Study Guide and Teacher's Manual" to accompany Price Theory and Applications (editions 2-5), 1984, 1988, 1991, and 1997.

"Problems and Uses of Price Theory" (Kendall/Hunt), 1981.