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 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

Summer
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.