Applicants must complete separate applications to Vanderbilt Graduate School and Vanderbilt Law School. Each applicant's Law School and Graduate School applications will be considered together in a collaborative admissions process.

Program faculty guide students through an innovative law and economics curriculum in which students pursue policy-relevant research. The program offers four primary research fields: behavioral law and economics, labor markets and human resources, law and economics, and risk and environmental regulation.

Program graduates are in tenured or tenure-track positions at University of Alabama, University of Arkansas, University at Buffalo, Florida State University, George Mason University, University of Texas, Vanderbilt University, and Western Kentucky University, as well as in positions in government, legal practice, and consulting.

The Law & Economics/Applied Microeconomics Seminar Series brings scholars from around the world to Vanderbilt to present research spanning a variety of fields and topics. The program also hosts a variety of conferences, including the biennial Frontiers in Law and Economics (FILE) conference.