The economics departments of the two universities complement each other very well. Both departments have strengths in applied economic theory. From there, their expertise diverges somewhat.
The Economics Department at St Andrews has particular strengths in the areas of dynamic macroeconomics, finance, household economics, climate change, and competition and innovation. St Andrews also supports two research centers - the Centre for Dynamic Macroeconomic Analysis and the Centre for Research in Industry, Enterprise, Finance and the Firm.
The Department of Economics at William & Mary has particular strengths in the area of health, experimental and international economics. In addition, William & Mary economics faculty are active members of The Schroeder Center for Health Policy, the Program in Public Policy, and the Reves Center for International Studies.
Economics majors enjoy the opportunity to plan their studies around the strengths of the two departments.