With the attendance up to 1,500 participants, the Eastern Economic Association is regarded as one of the leading corporations in the field of economy, which aims at promoting educational exchange on economic affairs and encouraging freedom of research and discussion. The headquarters of the Association are located in the Economic Department of Iona College, New York.
Launched in 1973, the Eastern Economic Journal is a quarterly publication of EEA that publishes papers in all areas of economics. The editor of the EEJ is a responsible officer and is assisted by the Editorial Board and two associate editors. As of 2005, the co-editors of the Eastern Economic Journal were Gilbert L. Skillman and Joyce P. Jacobsen, both of Wesleyan University. The EEJ editor is responsible for articles selection and is appointed for a tern of five years.
The governing body of EEA is the Board of Directors that meets annually at the convention. It is composed of the Executive Committee and six elected members, all of them being members of the Eastern Economic Association in good standing. In addition to meeting annually at the EEA convention, the Board of Directors can also be called into extraordinary sessions by request of the Executive Committee.
An agenda for such extraordinary meetings must be received prior to the actual meeting. It is the responsibility of the Board to approve recommendations made to it by President and Executive Committee on issues relevant to the EEA operation. Thus, the Board of Directors schedules annual convention and formulates policies to be followed in the conduct of this convention; approves annual budget; and determines annual dues charged to various classes of members. It is also empowered to hold any additional meetings or reports that it may deem necessary.
The Eastern Economic Association has three Administrative Officers, namely the Treasurer, the Executive Director and the Editor of the Eastern Economic Journal. They are appointed by the Board of Directors for term of up to five years. Should any member of the Association become dissatisfied, however, his services can be terminated at any time. The Executive Director is the EEA chief officer, whose duties include supervision of the EEA executive offices' operation and organization of the annual conference. He is also responsible for conducting business arrangements of the Association relating to its publications.
Upon assuming office, the President of the Eastern Economic Association appoints members to be Area Representatives, whose main task is to advance the EEA membership in their areas and to improve communications between the offices and their areas. Area Representatives are elected for a one-year term and may be reappointed. By granting awards and honors, EEA recognizes significant contributions to the field of economics. Honorary members are nominated by the Executive Committee, and elected by the Board of Directors.
They don't pay any dues and are entitled to all privileges of EEA full membership. Currently the number of honorary members makes estimated 3% of the Association's membership.