The Master of Arts in Economic Theory and Policy


The one-year M.A. curriculum consists of eight core courses, including a research workshop and two electives. In the second semester, students design a research project under the direction of one of the Levy Institute’s core research teams, culminating in a final paper. The following is a sample course of study (core courses are denoted by an asterisk). Electives courses for Spring 2020: Development Finance; Poverty, Gender, and Social Policy; and Inequalities across Time and Space.


First Semester Courses

  • Advanced Macroeconomics*
  • Advanced Microeconomics*
  • Research Methods I*
  • Research Workshop I*
  • History of Economic Thought*

Second Semester Courses

  • Money Finance and Instability*
  • Research Methods II: Stock-flow Modeling*
  • Research Workshop II*
  • Two Electives