Schools with Economic Law Degree Programs: How to Choose

While programs specifically focusing on economic law don't exist, there are programs that combine economic and legal disciplines. These include undergraduate economic degree programs with a concentration in pre-law, graduate dual-degree programs and international economic law programs. There are several considerations to bear in mind when choosing an economic law program.

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There are law schools around the country that enable students to learn about both economics and the law. One of the more common dual-degree graduate programs awards a Juris Doctor (J.D.)/Doctor of Philosophy (Ph.D.) in law and economics.

Top 10 Law Schools

U.S. News & World Report deemed the following institutions to be the best law schools in the United States in 2016.

College/University Location Institution Type Tuition and fees (2015-2016)*
Yale University New Haven, CT Private $58,050
Harvard University Cambridge, MA Private $58,242
Stanford University Stanford, CA Private $56,274
Columbia University New York, NY Private $62,700
University of Chicago Chicago, IL Private $56,916
New York University New York, NY Private $59,330
University of Pennsylvania Philadelphia, PA Private $58,918
University of California - Berkeley Berkeley, CA Public $48,679 in-state, $52,630 out-of-state
University of Michigan - Ann Arbor Ann Arbor, MI Public $53,112 in-state, $56,112 out-of-state
University of Virginia Charlottesville, VA Public $54,000 in-state, $57,000 out-of-state

Source: U.S. News & World Report

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School Selection Criteria

Here are some considerations to remember when choosing an economic law program:

  • Make sure that the program you choose includes coursework in key financial and economic issues, such as contracts, business regulatory practices, intellectual property and anti-trust concerns.
  • To save time and money, individuals can look into joint degree programs at the graduate level that lead to both a J.D. and Ph.D. in economics and law.
  • Some schools offer Master of Laws (LL.M.) in International Economics programs that concentrate on international business policies and regulatory practices. However, many LL.M programs are intended for foreign-educated practicing lawyers and may not be suitable for students educated in the U.S.

Bachelor of Arts in Economics, Concentration in Pre-Law

The pre-law concentration might include classes covering fundamentals of constitutional law, business law and economics in law. These programs can prepare graduates to enter law school or a graduate degree program related to financial management and national or international economies.

J.D./Ph.D. in Law and Economics

Core coursework typically involves integrated classes about the theory and behavior on the convergence of law and economics. Many joint degree programs allow students to specialize in a particular area of expertise. Some schools require that students apply to both programs simultaneously, while others allow students who hold a J.D. to later enter the law and economics Ph.D. program.

LL.M. in International Business and Economic Law

A J.D. is usually necessary for entry to this program, which might require completion of 24-42 credits. Degree programs of this type tend to be highly customizable and allow students to select a specific are of focus.

Aspiring lawyers who want to learn about both economics and the law can pursue several different educational tracks, depending on their particular interests in the field.

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