The Specialization in International and Development Economics
The International and Development Economics Specialization is open to all IPED students accepted into the program. As part of this specialization you will study International Economic Policy, International Monetary Policy, Economic Development Policy, and Applied Econometrics. Because of its heavy economic content (21 credits of economics plus a statistics course, Applied Econometrics), anyone completing it will qualify for designation as an economist by the US federal government. Students who wish to combine a strong economics specialization (international, development, finance, monetary) with a strong interdisciplinary specialization (international banking & finance or international development studies) may wish to complete the Dual MA-IPED/MA-Economics program. If interested in the dual degree program, see your academic advisor early on in your program of studies.
FIRST YEAR OF STUDY
Provides a rigorous foundation in economic, political and quantitative analysis.
1) Economic Analysis (or, if have intermediate level
preparation in economics, Economic Development Policy or
International Monetary Policy)
2) Comparative Political Analysis or Analysis of International Politics
(or Political Economy of Development if you have undergraduate courses
in either Comparative Politics or International Politics)
3) Applied Econometrics
Studies global economic relations from both an economics and a political science perspective. Continues with additional electives in international and development economics.
1) International Economic Policy
2) Politics of Global Economic Relations
3) Economics Elective
4) Economics Elective
Allows a student to gain practical experience in New York, Washington, D.C. or overseas.
1) Internship and up to two electives (one should be in economics)
SECOND YEAR OF STUDY
Students can take additional electives in international and development economics.
1) Economic Development Policy, if not taken already, or an Economics Elective
2) International Monetary Policy, if not taken already, or an Economics Elective
3) Internship and up to two electives if not done during the summer (one should be in economics)
4) Prepare for and take the Comprehensive Examination
Students who wish to do the dual MA in Economics must also take during this semester Math for Economist I and Price Theory I.