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Fields of Expertise

The Economics faculty at GMU are noted for their emphasis on comparative institutional analysis and for their concentration on the relationships between economic, political, and legal institutions. This distinction is illuminated by the concentrations associated with the department. Experimental economics, Austrian economics, public choice, constitutional political economy, law and economics, and new institutional economics. The Economics Department at George Mason has graduated and array of successful economists, from those in Washington, DC heading think tanks and testifying before Congress to those such as Dora DeAmpuero who funded Ecuador’s first free market institute. Please look over our Distinguished Alumni list.

Our Comparative Advantages

Public Policy

The masters program attracts many students already actively employed in government and business in the D.C. area or looking for such employment. With many classes conveniently offered in evenings at the Arlington Law School Campus, students are able to further their education and their career concurrently. Center for Study of Public Choice, the Law and Economics Center, and The Institute for Public Policy, all at George Mason University, provide abundant resources for the student of public policy.

Public Choice

George Mason University is proud to have Nobel Laureate James Buchanan. Dr. Buchanan published ground breaking work in Public Choice and Constitutional Political Economy. He is the coauthor of The Calculus of Consent. He is also the Executive Director of the Center for the Study of Public Choice. The Center for Study of Public Choice funds students interested in Virginia Political Economy and supports two public choice seminars a week: an academic colloquium and an informal lunch. The Virginia School of Political Economy examines a variety of other subjects giving George Mason a unique perspective. For example, the following classes incorporate public choice theory: Industrial/Organization, Macroeconomics, Public Finance, and Monetary Theory.

Austrian Economics

GMU is the premier place for the study of Austrian Economics by faculty, alumni, and graduate students. Mason offers courses, brown bag lunches, colloquia, and the seminars in Austrian Economics series. Past speakers include: Mancur Olson, James Buchanan, Israel Kirzner, Larry White, Mario Rizzo, Roger Garrison, and Peter Boettke. Furthermore, the Mercatus Center offers a limited number of graduate assistantships to GMU students who are interested in Austrian Economics.