Michael Waugh attended Saint Anselm College in Manchester, New Hampshire and then Fordham University in the Bronx, New York. Waugh pursued a Phd in economics at the the University of Iowa. After Iowa, Michael Waugh spent a year as a research economist at the Federal Reserve Bank of Minneapolis before moving to New York. Currently he is an assistant professor of economics at New York University, Leonard N. Stern School of Business. He teaches a macroeconomics course for MBAs and PhD course in international trade. His research focuses on international trade, macroeconomics, and their intersection.