Professor Okunade conducts applied econometrics research broadly in healthcare economics, finance and public health policy, labor economics, industrial organization, non-profit higher education financing, and applied microeconomics in general. He is faculty affiliates of the Center for Community Health (School of Public Health), Center for Healthcare Economics and the African & African American Studies (AAAS, interdisciplinary) Program (College of Arts & Sciences) at the university. He teaches graduate MA/Ph.D. Economics courses in Decision Economics, Applied Healthcare Economics, MBA Economics for Global Executives, and undergraduate Managerial (Organizational) Economics, Economic Forecasting, and Microeconomics Principles (Honors).