Specializations Data Analytics Specialization Education Policy Specialization Energy & Environmental Policy Specialization Finance & Policy Specialization Gender and Policy Specialization Global Conflict Studies Specialization Health Policy Specialization International Policy & Development Specialization Markets & Regulation Specialization Municipal Finance Specialization Social and Economic Inequality Specialization Survey Research Specialization Certificates Outside Harris The Markets and Regulation Specialization educates students in the structures and characteristics of regulated markets by analyzing the outcomes of markets for consumers and producers, evaluating how government policies alter post-regulation market outcomes, and considering costs and benefits of economic regulation.Students who complete this specialization will be able to:Analyze market structure and firm behavior, identify resulting problems with markets, and evaluate the consequences of a variety of economic policiesEvaluate regulatory policy as an economic phenomenon, modeling the goals of consumers, regulators, and firms, with an emphasis on institutional frameworks and career incentives of regulators and politicians who engage in regulatory processesEngage in economic policy work with background in the strengths and weaknesses of different policy alternatives, evaluated both analytically and through case studiesThe specialization’s broad choices of electives encompass multiple fields and schools at the University, illustrating the many applications of regulation across public policy, law, and business. The electives cover regulation in a variety of contexts, including financial regulation, antitrust policy, intellectual property, environmental regulation, regulation and capitalism, and industrial organization.Harris specializations function as areas of specialization within the degree. Specializations assume knowledge of the 6-course Harris Core and build upon that foundation with coursework in specific policy areas or technical skills.Application ProcessThe specialization is open to Harris Public Policy graduate students only. Please indicate your intent to pursue this specialization using the Harris Specialization Application Form.For specialization registration questions, please reach out to firstname.lastname@example.org.Planning for the SpecializationFor information on which quarter(s) each course will be offered see the Harris Courses page and filter by specialization. For courses offered by other divisions the typical quarter(s) offered has been indicated.Specialization RequirementsThe specialization requires completion of one required course, along with two elective courses. Students must achieve at least a B- grade in each course. No specialization course may be taken on a pass/fail grading basis. Students should complete the formal signup process to indicate their intention to pursue the specialization.Required coursesPPHA 46350 Economics of RegulationElective coursesStudents must complete two elective courses to fulfill the requirement.Strongly Recommended Elective Course:PPHA 37110 Competition Policy: Theory and PracticeOther Electives:PPHA 33660 Government Program Oversight and AccountabilityPPHA 35310 International Trade, Banking and Capital MarketsPPHA 36930 Environmental Economics: Theory and ApplicationsPPHA 36925 Utilities and Electricity Markets: Regulation in the United StatesPPHA 37820 Health Care Markets and RegulationPPHA 39404 Practicum on Inequality, Household Finance, and Tax PolicyPPHA 42521 History of Financial CrisesPPHA 42535 Banking Regulation and ManagementPPHA 60000 Policy Labs (with permission of the Specialization Director)BUSN 28620 / ECON 28620 Crony CapitalismBUSN 35123 The FinTech RevolutionBUSN 42001 Competitive StrategyBUSN 42117 Platform CompetitionLAWS 42801 Antitrust LawLAWS 43250 Privacy LawLAWS 53227 Cross-Border Transactions: LendingNot Offered in 2023-2024 PPHA 32100 State and Local Public FinancePPHA 34241 Household Finance: Theory and ApplicationsPPHA 36945 Regulating Corporate Behavior for the Public GoodRecommended Co-Curricular ActivityStudents are recommended to attend two events in the “Harris Speakers on Economic Policy and Markets” or “History of Chicago Economics” speaker series during their second year.Specialization ContactKathryn Ierulli, Specialization DirectorKathryn Ierulli, Specialization DirectorEmail email@example.comSenior LecturerKathryn IerulliKathryn Ierulli has a BA, MA, and PhD in Economics from the University of Chicago, with field exams in Labor Economics and Industrial Organization.