The Specialization in International and Development Economics

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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, and Economic Development Policy. Because of its heavy economic content (21 credits of economics including a statistics course, Applied Econometrics), anyone completing it will qualify for designation as an economist by the US federal government. Please note that a more interdisciplinary development studies specialization is an alternative option. Students who wish to combine a strong economics specialization (international, development, finance, monetary) with a strong interdisciplinary specialization (international banking & finance, international development studies, international political analysis) 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

FALL SEMESTER
Provides a rigorous foundation in economic, political, social 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, Analysis of International Politics
          or Political Economy of Development
    3) Applied Econometrics
    4) Elective

SPRING SEMESTER
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

SUMMER
Allows a student to gain practical experience in New York, Washington, D.C. or overseas.

    1) Internship and up to two electives

Second Year

FALL SEMESTER
Students can take additional electives in international and development economics.

    1) Economic Development Policy, if not taken already
    2) International Monetary Policy, if not taken already
    3) Internship and up to two electives if not done during the summer
    4) Prepare for and take the Comprehensive Examination

Students who wish to do the dual MA in Economics must take during this semester Math for Economist I and Price Theory I.