Meet Yunxiang Zhang (MIELR 2025), whose early curiosity about how markets affect everyday life sparked a passion for exploring the connection between law and economics. In this Q&A, he reflects on how USC’s Master of Science in Innovation Economics, Law and Regulation (MIELR) program deepened his ability to connect theory with practice, the professors and industry leaders who have shaped his experience, and how he’s preparing for a career at the intersection of legal and economic analysis.
What sparked your interest in learning about law and economics?
I still remember the day that my introductory microeconomics professor drew a demand curve on the board, showing how a monopolist could restrict output and drive prices up. The graph told a story of real people paying more for groceries and medicine.
Law and economics each offer rich terrain for intellectual exploration on their own ground. Together, they create a powerful lens for examining societal challenges that would remain intractable if approached through either discipline alone. With knowledge of the economic phenomena, we can then apply legal principles and enforcement strategies to effectively target the root of the problem.
What made you pursue the MIELR degree in particular, and why at USC?
USC’s MIELR degree offers a curriculum built on flexibility and depth. Foundation courses establish core competencies, and you can take remaining electives in either Dornsife’s economic courses, Gould’s law courses or both.
Consider how the program addresses the nuanced relationship between intellectual property and antitrust law. Students delve into how trademark and patent licensing shapes antitrust litigation. The Economics of Digital Platforms course complement this area of study by presenting cutting-edge research on competition models in digital markets.
How was your transition into the program, and how has USC assisted you?
The registration procedures differ between Law and Economics courses, but USC ensures a smooth transition before students arrive on campus. Through information sessions and comprehensive registration guides, the Graduate & International Programs office outlines various graduation timelines, whether you’re completing the degree in one year, 18 months, or two years. The program also included an intensive legal orientation, a “law bootcamp,” that familiarizes students with the American legal system and equips them with strategies for excelling in law courses.
What is the most memorable experience from your USC studies?
I’ve had the privilege of learning from industry leaders brought to campus by professors like Daniel Sokol. Last semester, we heard firsthand accounts from a former FTC commissioner about a 1997 landmark case he argued that we were studying. We also heard from Google’s General Counsel just weeks after a major ruling to discuss the defense side perspective. Similarly, Professor [Ziyi] Qiu has connected economics students with consulting executives through lectures and career workshops.
How will your degree from USC give you an advantage in your future career?
Consulting firms actively seek professionals who can navigate both economic analysis and legal frameworks. The MIELR program specifically cultivates this interdisciplinary skillset. R and Stata are widely used by both private consulting firms and government regulatory agencies, and through rigorous coursework, I’ve developed proficiency in both. Additionally, specialized legal research courses train us in Westlaw and Lexis, skills I immediately applied during my summer internship.
What advice do you have for students who may be interested in following a similar path to yours?
Take full advantage of the school’s offerings. Build connections with your professors, they are extremely helpful academically and willing to connect you to industry professionals.
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