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International and Development Economics

Professor Teaching Graduate Students

The International and Development Economics Specialization is open to all IPED students accepted into the program. This specialization is designed to prepare individuals to work as economists in primarily in the public sector but also in the private sector. 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 and 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.

Requirements and Recommended Courses

Recommended Courses

  • ECON 5015 - Economic Development Policy
  • ECON 5510 - International Economic Policy
  • ECON 5515 - International Monetary Policy
  • ECON 6910 - Applied Econometrics

Other Courses

  • ECON 5020 - African Economic Development
  • ECON 5260 - Epidemics and Development
  • ECON 5415 - Gender and Economic Development
  • ECON 5450 - Crisis, Adjustment and Poverty
  • ECON 5500 - Financial Analysis
  • ECON 5540 - Emerging Markets
  • ECON 5541 - Emerging Markets: South Africa
  • ECON 5551 - Domestic and International Banking
  • ECON 5570 - Global Financial Markets
  • ECON 5771 - Project Monitoring & Evaluation: Philippines
  • ECON 6240 - Financial Economics
  • ECON 6440 - Community Economic Development
  • ECON 6460 - Agriculture and Sustainable Development
  • ECON 6470 - Economic Growth and Development
  • ECON 6480 - Environmental & Resource Economics
  • ECON 6490 - Foreign Aid & Development
  • ECON 6510 - International Trade
  • ECON 6560 - International Finance
  • ECON 6950 - Financial Econometrics

Foundational Economics Courses

  • ECON 5011 - Economic Analysis
  • ECON 5710 - Mathematics for Economists I
  • ECON 6010 - Price Theory I
  • ECON 6020 - Macroeconomic Theory I
  • ECON 6910 - Applied Econometrics

Click here for specific course descriptions

Recommended Course Sequence

First Year Of Study

Fall Semester
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
  4. Elective

Spring Semester
Studies global economic relations from both an economics and 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
Fall Semester
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 Mathematics for Economist I and Price Theory I.

Click here for specific course descriptions