Madrid Economists Association (CEMAD) The CEMAD was founded in 1959, as National Economists Association (continuation of the National Association of Economists Graduates of Spain created in 1948), is a Public Law Corporation, representative -in its area- of the Economist profession ant its exclusive representation, and the defense of the profesional interests of its members (from academe, business, government and consulting groups within diverse disciplines from multi-cultural backgrounds). All are graduate-level (Bachelor, MsC, Phd) in an economic fields: economics, business, administration, business management, actuarial and financial sciences, marketing, etc.