The field of political economy can cover the impact of governmental regulations on every level of economics from a worldwide perspective to individual consumerism. Students may also study the historical and social significance of this discipline to understand how markets are influenced by public policy as globalization continues to trend.

A master’s program is a focused degree that requires about two years of classwork, research, and possibly a thesis paper to earn. This advanced program of study allows students to further specialize their schooling in an area that interests them.