Normal Course of Studies
The Normal Course of Studies is open to all students accepted into the IPED Program. It provides a rigorous foundation in the various social sciences and then pursues an in-depth study of international economic relations and development issues from both an economics and a political science perspective. This course of studies also allows for five to seven electives that can be used to specialize in international banking & finance, international development studies, international & development economics, or in global environmental & resource economics.
FIRST YEAR OF STUDY
The following courses provide a rigorous foundation at the graduate level in economic, political, and quantitative analysis:
Students interested in international development who have studied comparative politics or international politics at the undergraduate level may take Political Economy of Development in place of either Comparative Political Analysis or Analysis of International Politcs.
- Economics Analysis
- Comparative Political Analysis or Analysis of International Politics
- Applied Econometrics
Students who have at least an intermediate undergraduate background in microeconomics and macroeconomics, should take:
International Monetary Policy in place of Economic Analysis
if they are interested in specializing in International Economics;
Financial Analysis in place of Economics Analysis
if they are interested in specializing in International Banking & Finance; or
Economic Development Policy in place of Economic Analysis
if they are interested in International Development Studies or Development Economics.
In the Spring Semester our students normally study global economic relations from the perspectives of both economics and political science. Students also begin to take electives in their chosen specialization.
- International Economic Policy
- Politics of Global Economic Relations
Students can use their summers to get practical training in New York, Washington, D.C. or Overseas by doing an internship or a language immersion program. Students can also complete up to two elective courses in New York in their specialization. Besides our normal elective offerings, we also offer an Emerging Markets Travel Program for 3 credits in South Africa in August. And for administrative purposes students who participated in our January Project Assessment Program in the Philippines can receive three elective course credits during the summer.
- Up to two electives
SECOND YEAR OF STUDY
In their last semester, students normally study international development issues from the perspectives of both economics and political science, finish any courses needed for their specialization, and prepare for the comprehensive examination.
- Economic Development Policy or Crisis, Adjustment and Poverty (or an elective if student does not wish to focus on development)
- Political Economy of Development (or an elective if student does not wish to focus on development)
- Up to two electives and one internship
- Prepare for and take Comprehensive Examination