Sheng Yang

Dr. Sheng Yang joined Gustavus Adolphus College in 2011.  He is currently Chair of the Department and Professor of Economics. He teaches courses in Economics and Finance including Business Finance, Managerial Finance, Investments, and International Trade and Finance.  He received the Swenson Bunn Memorial Award for Teaching Excellence in 2013.

Sheng founded the Gustavus Finance Club in 2013 and has since served as advisor of the club. Over the past five years, the club has hosted annual banquets and speaker panels and constantly organized events to promote financial education to students. As an advisor of the club, Sheng coordinates a campus-wide Study on Collegiate Financial Wellness (SCFW), which is a national survey of college students examining financial attitudes, practices, and knowledge with 90 campuses participated and over 28,000 students responded to the survey. He also offers advice and consultation to the investment club on a regular basis and coordinate the stock market game competition for the club every year.

Sheng's research mostly focuses on the empirical analysis of strategic behavior and market dominance, capital market efficiency, and behavioral economics.  His current research is about investigating the short-run and long-run dynamics between exchange rates and stock prices and the path through which monetary policy shocks impact on these markets in small open economies. The article has been accepted for publication at Pacific-Basin Finance Journal.

Courses Taught