Graduate School of Business
Political Economics is an interdisciplinary field focusing on the non-market, collective, and political activity of individuals and organizations. The PhD Program in Political Economics prepares students for research and teaching positions by providing rigorous training in theoretical and empirical techniques. The intellectual foundations of the program are rational choice theory, positive political theory, theories of collective action, institutional analysis, and analysis of political competition and equilibrium. Specific fields of inquiry include regulation, distributive politics, elections, corporate politics, political participation and collective action, interest groups, constitutional choice, legislative behavior and organization, judicial institutions, bureaucracies, comparative institutions, cooperative political economy, macro political economy, law and economics, and business and government. The orientation to these topics tends to be positive rather than normative.
Enrollment in the Program is small by design to foster close interaction between students and faculty. Students become involved in research early in the Program. They begin their own research during the first year and are required to write research papers during the summers following the first and second years. The Program is flexible and allows ample opportunity to tailor coursework and research to individual interests.