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The Master of Science in Innovation Economics, Law and Regulation (MIELR) degree is offered by USC Dornsife College of Letters, Arts and Sciences Department of Economics jointly with the USC Gould School of Law. This STEM-designated program equips graduates with the essential skills required to address the complexities of big data, artificial intelligence and machine learning innovations through the lens of antitrust, privacy, data security and intellectual property laws.

Students in this distinctive program gain comprehensive knowledge of the economic and regulatory complexities of digital service industries and innovation-driven workplaces that include tech and biotech. It is ideal for students with an interest in law looking to study economic theory and data analysis or for students with a background in economics or STEM looking to study relevant laws and economics that govern innovation.

The 32-unit degree program may be completed over two academic years on campus on a full-time basis. However, full-time students may complete their coursework in two or three semesters.

This degree is open to anyone with a bachelor's degree in any field; however, students are required to have a solid foundation in mathematics, including calculus.

Format:
Full-Time | On-Campus
Eligibility:
Bachelor’s Degree
Start:
Fall | Spring

Interested? Learn more.

STEM-Designated Program

The Master of Science in Innovation Economics, Law and Regulation at USC is a STEM-designated program, which allows international students on F-1 visas to apply for a 24-month extension of their Optional Practical Training (OPT).

Why Choose USC?

Top reasons to pursue the Master of Science in Innovation Economics, Law and Regulation (MIELR) degree offered by USC Dornsife and USC Gould:

  • Earn a master's degree from the USC Dornsife Department of Economics, whose research ranks among the top 20 U.S. academic institutions and USC Gould School of Law, a nationally top-ranked U.S. law school.
  • Enroll in specialized coursework - Study economic theory and data analysis alongside courses focused on relevant laws and economics that govern innovation.
  • Scholarships and housing stipends offered - All applicants will be considered automatically for our scholarship awards.
  • Receive career and professional support - USC offers workshops and individually tailored advice on developing your career plan, as well as mentorship opportunities and tools for exam preparation.
  • Join the Trojan Family - A renowned network of over 450,000 alumni who are deeply committed to furthering the success of USC graduates.

Degree Outcomes

  • Understand the overlap between law and microeconomics, particularly in the fields of antitrust and intellectual property law
  • Develop interdisciplinary skills in economics and the regulation of markets that include analytical and written skills
  • Economists and consultants gain training enabling them to better interface with lawyers
  • Gain a comprehensive knowledge of the economic and regulatory complexities of digital service industries and innovation-driven workplaces
Wide shot of USC University Park Campus Trousdale Boulevard with brick paved walkway and brick architecture and trees.

With top-rated programs in economics and law, USC is renowned for its history of innovation and excellence in graduate education.

Frequently Asked Questions

After graduating from MIELR program, can one take the California Bar Exam? toggle arrow icon

No, one cannot take the bar exam after graduation from the MIELR program. Gould is not authorized to confirm who is eligible for the CA Bar exam.

MIELR is a joint program between USC Dornsife and USC Gould. Will the diploma received specify both schools? toggle arrow icon

MIELR graduates are invited to both Dornsife and Gould commencement ceremonies and are alumni of both schools, but Dornsife is the school listed on the diploma.

Upon returning to their home countries, can international MIELR graduates participate in national judicial examinations? toggle arrow icon

It is our understanding that bar exam eligibility, in and outside of the U.S., is on a case-by-case basis. The MIELR program is designed for students interested in law as it relates to economics, innovation and regulation. Students who wish to practice law should consider our Master of Laws (LLM) program instead.

Are the law-related courses in MIELR taken together with law school students? toggle arrow icon

Yes. MIELR courses are among our “upper division” offerings, which enroll JD, LLM and other specialized master’s degree students.

Are MIELR students without a law background able to succeed in the law coursework? toggle arrow icon

MIELR students take from our catalog of course offerings, which enroll all students at USC Gould School of Law. The vast majority of MIELR students do not have a background in law, and they do well in our law courses. We offer many opportunities for academic support for students who seek additional help.

Does the MIELR program offer scholarships? If so, what are the requirements? toggle arrow icon

We offer a limited number of small merit-based scholarships. No additional application is required, and scholarship decisions are released at the time of admissions.

After completing the MIELR master's degree, is it possible to apply for a JD program? toggle arrow icon

MIELR students can apply for a JD program, but it is very important to note that transfer credit is not applied. Our specialized master’s degrees are meant to be alternate pathways than a JD program. We recommend that any student who thinks they would like to pursue a JD program should spend time studying for the LSAT exam and apply directly to the JD program.

Is MIELR a STEM-designated Program? toggle arrow icon

Yes. The Master of Science in Innovation Economics, Law and Regulation at USC is a STEM-designated program, which allows international students on F-1 visas to apply for a 24-month extension of their Optional Practical Training (OPT).

Meet our Directors

Daniel Sokol

MIELR Co-Director, Carolyn Craig Franklin Chair in Law, USC Gould School of Law

Guofu Tan

MIELR Co-Director, Professor of Economics, USC Dornsife College of Letters, Arts and Sciences

Ziyi Qiu

MIELR Associate Director, Assistant Professor (Teaching) of Economics, USC Dornsife

Affiliates

Lawrence Wu, MIELR Non-Resident Fellow toggle arrow icon

Lawrence Wu
President
NERA Economic Consulting

Jiasu Yan, MIELR Student Ambassador toggle arrow icon

Jiasu Yan is pursuing his Master of Science in Innovation Economics, Law and Regulation (MIELR) at USC. He earned his undergraduate degree in Quantitative Economics, where his research explored how legal frameworks shape competitive behavior in technology markets. His passion lies in connecting law, economics, and technology to better understand how regulation influences innovation and market dynamics.

Maham Pirzada, MIELR Student Ambassador toggle arrow icon

Maham Pirzada earned her undergraduate degree in Business Administration at the American University in Dubai. Growing up and working in a fast-evolving city like Dubai is what sparked her interest in the intersection between economics and law, particularly in supporting startups and emerging companies. Maham is also passionate about visual arts and enjoys finding ways to incorporate it into her academic and professional pursuits.

Yunxiang Zhang, MIELR Student Ambassador toggle arrow icon
Yunxiang Zhang earned a B.A. in Economics from Fordham University, where he developed strong quantitative skills. Before coming to USC, Yunxiang worked at Interactive Brokers in New York, supporting institutional clients with trade lifecycle management and risk analysis. Yunxiang is fluent in Mandarin and passionate about bridging finance, law, and technology to drive innovation in those fields.

Redefined Blog

Graduate and International Programs welcome newest students for 2025–26 year
Graduate and International Programs welcome newest students for 2025–26 year
This year’s class includes nearly 400 students from 33 countries enrolled across a range of academic offerings.
September 24, 2025
Student Spotlight: Jiasu Yan (MIELR 2025)
Student Spotlight: Jiasu Yan (MIELR 2025)
Meet Jiasu Yan (MIELR 2025), whose passion for connecting law, economics and technology brought him to USC’s unique joint degree.
September 12, 2025
Class of 2025: USC Gould celebrates 452 new alumni in Graduate and International Programs ceremony
Class of 2025: USC Gould celebrates 452 new alumni in Graduate and International Programs ceremony
Gould G&IP graduates represented 32 countries worldwide, across 11 different academic degree programs.
May 23, 2025

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