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Progressive Degree Program (PDP) - Master of Science in Innovation Economics, Law and Regulation

The Master of Science in Innovation Economics, Law and Regulation degree provides 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.

Master of Science in Innovation Economics, Law and Regulation students are required to complete 24* or 32 units of study. Students are required to enroll in 12 core units from Dornsife College of Letters, Arts and Sciences and 12 core units from Gould School of Law, with an additional 8 units of electives chosen from a list of approved course offerings.

*Progressive Degree Program candidates with a GPA of 3.3 and above may qualify to have the 8 units of electives waived.


Degree Outcomes and Career Paths


  • 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

Career Paths

  • Policy Analyst
  • Market and Competition Policy
  • Economic Consultant
  • Economic Development Manager
  • Policy Advocate
  • Contract Specialist
  • International Relations Officer
  • Foreign Affairs Specialist
  • Investment Analyst
  • Regulatory Analyst
  • Market Oversight Manager

Potential Employers

  • Hardware/Tech Firms
  • Biotech
  • Big data/machine learning/artificial intelligence
  • Intellectual property and antitrust law
  • Regulation, manufacturing
  • Cyber law
  • Economics
  • STEM
  • Think tanks
  • Policy
  • Global health
  • Startup companies

Educational Plan Requirements

Master of Science in Innovation Economics, Law and Regulation (PDP/MIELR) - 24 Units* or 32 Units

  • 12 core units of required courses from Dornsife
  • 12 core units of required courses from Gould
  • 8 units of electives from a list of Gould and Dornsife courses (*Students with a GPA of 3.3 and above may qualify to have the 8 units of electives waived, thus reducing the total units required for their degree to 24 units)
  • Proposed Course Plan Checklist (see attached)

Course List in the Progressive Degree Program (PDP) - Master of Science in Innovation Economics, Law and Regulation

12 core units of required courses from Dornsife

  • ECON 500: Microeconomic Analysis and Policy - 4 units
  • ECON 513: Practice of Econometrics - 4 units
  • ECON 580: Antitrust Economics and Competition Policy - 4 units

12 core units of required courses from Gould

  • LAW 510: Legal Research - 1 unit
  • LAW 520: Introduction to the U.S. Legal System - 2 units
  • LAW 753: Antitrust Law I - 3 units
  • LAW 772: Intellectual Property - 3 units
  • LAW 801: Venture Capital and Emerging Companies - 2 units
  • LAW 890: Directed Research - 1 unit

8 units of electives from this list of LAW or ECON courses (The elective units may be waived for students with a GPA of 3.3 and above)

Dornsife ECON courses:

  • ECON 501: Macroeconomic Analysis and Policy - 4 units
  • ECON 504: Game Theory with Economic and Financial Applications - 4 units
  • ECON 515: Time Series Analysis - 4 units
  • ECON 570: Big Data Econometrics - 4 units
  • ECON 573: Applied Program Evaluation - 4 units
  • ECON 584: Economic Consulting and Applied Econometrics - 4 units
  • ECON 585: Advanced Economics Consulting and Antitrust Methods - 4 units

Gould LAW courses:

  • LAW 689: Digital Media Transactions - 2 units
  • LAW 694: Cyberlaw: Legal Issues Impacting Providers & Users of Internet Services - 2 units
  • LAW 730: Computer Science for Lawyers - 2 units
  • LAW 754: Antitrust and Intellectual Property - 2 units
  • LAW 770: Technology Transactions - 2 units
  • LAW 773: Internet Law - 3 units
  • LAW 804: Information Privacy Law - 2 units
  • LAW 810: Patent Law - 3 units
  • LAW 827: Counseling the Start-Up Company - 2 units

Do I qualify?

To apply to the Progressive Degree Program (PDP), you must have:

  • A cumulative GPA of a 3.3 or above (during application and throughout program).
  • Completed at least 64 total units of undergraduate course work (excluding AP, IB, or transfer units earned prior to graduation from high school)
  • A strong mathematical background - at least a semester of calculus or statistics with minimum grade of B+
  • A grade of B+ or higher in ECON 303 and ECON 305 or ECON 351 and ECON 352
  • A GPA of 3.3 and above qualify to have units reduced from 32 to 24 units. 8 units of electives will be waived (4 LAW units and 4 ECON units)
  • Submit a Personal Statement
  • Students may apply in their junior year (recommended) or senior year but no later than the semester prior to beginning graduate course work.

 How to Apply

  1. Download the application form
  2. Make an appointment with the USC Gould advisor to draft a proposed course plan.
  3. Review the proposed course plan with your Major's undergraduate Advisor.
  4. Obtain signatures from your current undergraduate department chair and dean (Include an updated STARS report.).
  5. Bring all signed documents including an updated STARS report to the USC Gould advisor
  6. The USC Gould advisor will be responsible for submitting your approved application and proposed course plan to the degree progress department.

Read more on the application process here: About the PDP Application

Application Deadline: Fall Start Only - June 21, 2023



All USC undergraduate students admitted to our MIELR Progressive Degree Program will be considered automatically for merit scholarships. Those who are awarded a scholarship will be notified after their course plan has been reviewed by the MIELR Program staff and approved by USC's Degree Progress Office. Scholarship awards are merit-based and range from $2,500 to $10,000.

Scholarships are only applied to a MIELR/PDP student's account in the semester or semesters when he or she is enrolled in graduate classes only. Scholarship awards are not applied in semesters in which the student is enrolled in a mix of undergraduate and graduate classes.

To get started on your application, contact: (Appointment required)

Graduate & International Programs - MIELR Program Team [email protected]