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The Mason approach to economics integrates academic work across three key disciplines: public choice theory (pioneered by Nobel Prize winner and former Mason faculty member James Buchanan), Austrian economics, and experimental economics (developed by Nobel laureate and Mason professor emeritus Vernon Smith). Our top-tier graduate economics programs stand out for their focus on analyzing different institutional frameworks and examining how economic, political, and legal systems interact.
Our economics professors regularly contribute expert commentary to media organizations, provide insights to congressional committees, and offer valuable guidance to policymakers. They maintain active research programs and teach diverse topics such as: experimental economics, Austrian economic theory, public choice analysis, constitutional political economy, the intersection of law and economics, and new institutional economics.
Through the Master of Arts in economics curriculum, you'll develop a strong foundation in economic principles and enhance your skills in applying these concepts to real-world challenges. Program graduates acquire the expertise to critically evaluate economic research and conduct independent studies, whether working solo or collaborating on government or corporate research projects. They also develop the ability to produce insightful policy analysis pieces.