The Levy Economics Institute Master of Science in Economic Theory and Policy is a two-year degree program that emphasizes theoretical and empirical aspects of economic policy analysis through specialization in one of five key research areas: macroeconomic theory, policy, and modeling; monetary policy and financial structure; distribution of income, wealth, and well-being; gender equality and time poverty; and employment and labor markets. Headed by Levy Institute Research Director Jan Kregel, the MS program draws on the expertise of Institute scholars as well as selected Bard faculty.

Application deadlines for Fall 2016 are November 15 for Early Decision and January 15 for Regular Decision. Scholarships are available. For more information, visit the Levy MS website; to apply, go to connect.bard.edu/apply.

Senior Scholar Fernando J. Cardim de Carvalho is emeritus professor of economics at the Federal University of Rio de Janeiro. He has worked as a consultant to the Central Bank of Brazil and the Brazilian National Bank for Economic and Social Development, among other institutions, and is the author, most recently, of Liquidity Preference and Monetary Economies.

Senior Scholar John F. Henry is professor emeritus, California State University, Sacramento, where he taught economics from 1970 to 2004. He also lectures at the University of Missouri–Kansas City. Henry’s research interests include the history of economic thought, economic history, and political economy, and he has published widely in the academic press.

Research Scholar Fernando Rios-Avila, who joined the Institute in 2013, is also new to the MS faculty this year. His research spans labor economics and applied microeconomics as well as development economics, poverty, and inequality.