The authors describe the theoretical preparation provided to students in advance of a limited-duration experiential learning experience in Washington DC in a Master's level course for students in Business or Public Administration. The students consider theoretical perspectives from economics, political science, and public administration with respect to the interactions of business and government in the US economy. The students field test the theories via meetings with practitioners in Washington DC and are required to reflect on and then apply how reality does (or does not) map into theory.