Political Economy & Public Economics draws on modern public choice and political economy analysis to consider issues of public policy. Both positive analysis of how organizations and political institutions actually operate and normative issues of how to analyze public policy issues and improve public decision-making are considered. The field combines economic and political analysis.
Political economy and public economics requires a total of 72 units. It requires 32-36 core units, 20 field units, and 16-20 elective units. Regular courses are 4 units. Core courses include statistics, mathematics, microeconomic theory, macroeconomics, game theory, political economy, and econometrics. Field requirements include courses in cost-benefit analysis, policy evaluation, and strategic modeling for politics, economics, and business.