Carnegie Mellon University

Policy and Social Impact

Developing world urban area

From redistributive taxation to carbon pricing, from net neutrality to tariff policy, governments have a wide range of policies at their disposal. How should governments design policies to achieve their goals? What are the tradeoffs? What are the unintended consequences?

The Policy and Social Impact concentration provides courses that explore how economists can help governments make better policy. Courses cover environmental, trade, tax, and regulation policy. They blend economic models, data analysis, and case studies to isolate policy tradeoffs, evaluate past policies, and identify improvements. 

The skills learned in this concentration advantage students in a variety of private and public sector careers. Many public sector jobs focus on evaluating the economic impact of proposed government policies. In the private sector, it is crucial to understand the impacts of potential legislation on your company and industry.

 Courses in the concentration include:

  • 73-328: Health Economics
  • 73-348: Behavioral Economics
  • 73-352: Public Economics
  • 73-353: Economic Foundations of Regulation with Applications to Financial Markets
  • 73-359: Benefit-Cost Analysis
  • 73-380: Strategy in Economics and Politics
  • 73-408: Law and Economics
  • 73-427: Sustainability, Energy, and Environmental Economics
  • 73-476: American Economic History