Business and Economics

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Olga Nicoara

Dr. Olga Nicoara is a new member of the Business and Economics faculty group at UC. She received her PhD and MA in Economics from the George Mason University as well as her BSc in International Business and Economics from Bucharest University of Economics. She held positions as a visiting assistant professor at Denison University and as a graduate lecturer and teaching assistant at George Mason University. Growing up, she experienced living in three former communist countries: Moldova, Russia, and Romania. Her native languages are Russian and Romanian, and she is fluent in English and speaks intermediate French. 

Dr. Nicoara’s scholarship is in the areas of economic development, transitional political economy, global entrepreneurship, and social change. Her most recent publication is on the lessons learned from the collapse of communism in Europe, Russia, and Central Asia, with insights into the political economy of institutional reforms, sociocultural change, and the supply and allocation of entrepreneurial talent in emerging economies across the world. 


Assistant Professor of Business and Economics


Business and Economics


  • PhD, Economics, George Mason University
  • MA, Economics, George Mason University
  • BSc, International Business and Economics, Bucharest University of Economics


Principles of Macroeconomics

Economic Development 

Research Interests

Economic Development

Transitional Political Economy

Culture and Economics  


Economic Pedagogy

Recent Work

“What Have We Learned from the Collapse of Communism?” in Christopher J. Coyne and Peter J. Boettke, eds.The Oxford Handbook of Austrian Economics. 2015. pp. 643-677 (co-authored with Peter J. Boettke).