The Murphy Institute

Concentrations

The required Political Economy 3010-3040 sequence has been designed to introduce students to the prominent and common concerns of the three concentration tracks. Student in class Studies along one of these concentrations provides a focus within the major. Each major’s selection of a concentration is made in consultation with the Associate Director or Director.

Law, Economics, and Policy Track

Courses in this concentration allow majors to explore various ways in which legal institutions and practices shape economic behavior. Since legal systems are designed to serve a multiplicity of ends, students are also exposed to the moral and political dimensions of the law.

Moral and Historical Perspectives Track

Courses in this concentration explore the institutional foundations and historical development of political economy from a normative standpoint. The guiding purpose of the concentration is to develop a morally-informed grounding for evaluating public policy on economic issues.

International Perspectives Track

Courses in this concentration allow majors to explore interconnections among international, national, and sub-national political economies—a phenomenon currently known as “globalization.” Majors who choose this concentration will develop a better understanding of globalization, the links between globalization and national outcomes, and the institutions that attempt to manage international economic affairs.