Center for Economic Policy

The Center for Economic Policy's mission is to educate students on financial markets and securities, an integrated view of how these markets interact in a general equilibrium context, and the economic tools to analyze the regulatory and legal framework in which financial markets operate.

Financial markets and government policy have always been central to economic growth, social welfare, and civil society. Whether it is the government debt consolidation undertaken by the South Sea Company (and Bank of England) in the early 1700s or the rise in mortgage debt in the United States in the early 2000s, policy decisions and the legal framework in which we operate have always been inextricably linked with financial markets and economic outcomes.


  • Raaj Sah, Professor, Chicago Harris
  • Thomas Coleman, Executive Director of the Center for Economic Policy, Chicago Harris


The Certificate in Economic Policy offered by the Center for Economic Policy integrates the study of financial markets with public policy and regulation. The certificate curriculum provides students with required and elective courses focused on Economic Policy and Financial Markets. The Center also undertakes targeted and focused research programs relevant to finance and public policy, in the University of Chicago tradition that ties education closely with rigorous and disciplined research.

The Center aims to train certificate holders for positions at government agencies and private institutions that operate at the intersection of economic policy-making and financial markets, positions that require a combination of strong economic training, technical skills, and understanding of financial markets.



"Applied Financial Management" - Thomas Coleman - PPHA 42510 - fall
This course takes a very practical approach and covers topics in both corporate finance and investments. The first half will focus on corporate finance - for example net present value and firm investment decision-making; capital structure; corporate governance. The second half focuses on securities, investments, and markets - valuation and trading of stocks, bonds, including option pricing and market efficiency.

One of PPHA 3200 (Finance) or BUS 35000 (Investments) or BUS 35001 (Introductory Finance) or BUS 35200 (Corporate Finance)

One of the following Electives:

"History of Financial Crises" - Thomas Coleman - PPHA 42520 - spring

"Macroeconomics for Public Policy" - Dan Sullivan - PPHA 34500 - winter

"Financial Regulation" - David Schabes - PPHA 42535 - winter

"Competition Policy" - Sean Durkin - PPHA 37110 - spring

"Practicum: Taxes, Transfers, and Non-Profits" - Damon Jones - PPHA 39403 - winter

Policy Labs from selected list (see your academic advisor)