Graduate Program

The Vision

A long-held vision of both Ludwig von Mises and Murray N. Rothbard is now a reality. Their vision? A graduate school of Austrian economics.

Throughout its nearly forty-year history, the Mises Institute has been focused on providing support to students of other educational institutions. Helping students discover the economics of freedom and inspiring them to go on to teach at the university level is and has been a priority for the Institute. Excellent service that is personal, responsive, and geared towards assisting students in reaching their individual educational and career goals has been emblematic of all Mises Institute programs.

The Mises Institute’s Master of Arts in Austrian Economics is unique. It is the first graduate program in the United States dedicated exclusively to the teaching of economics as expounded in the works and great treatises of Ludwig von Mises and Murray N. Rothbard. The goal of the program is to assist students in mastering the principles of this great body of work and putting these principles to use in their chosen endeavors.

To this end, the Institute has carefully selected an outstanding faculty, with PhDs from prestigious universities including New York University, UCLA, Columbia University, Cal-Berkeley, Rutgers University, and Virginia Tech. All are accomplished scholars who have lectured or taught at Mises Institute events and published in its journals, books, or online publications. Many were personal friends or protégés of Murray Rothbard.

Thanks to the generosity of the Mises Institute’s donors, the cost of the program is well below that of other M.A. programs in economics or the related social sciences, whether traditional or online.

The program consists of the following coursework:

• Microeconomics
• Monetary Economics
• Quantitative Economics:  Uses and Limitations
• Macroeconomics
• History of Economic Thought I
• History of Economic Thought II
• Comparative Economic Systems
• History of Economic Regulation and Financial Crises
• Rothbard Graduate Seminar
• Thesis Requirement​