MA in International Economics - SIS
The MA in International Economics is designed for students who previously majored, or at least minored, in economics who wish to develop a professional career as international economists – whether in multilateral organizations, government agencies, multinational corporations, public-advocacy firms, industry associations, or research institutes. Offered jointly by the International Economic Relations Program (School of International Service) and the Department of Economics (College of Arts and Sciences), this unique program offers a rigorous combination of theoretical, empirical, and policy-oriented courses in economics, political economy, and policymaking focused on international trade and finance. It achieves its interdisciplinary purpose by exposing, on the one hand, students with a strong background in conventional economics to international political economy and to a variety of institutional and policy issues; and, on the other hand, students with a mixed background in international relations, international political economy, and economics to rigorous training in economic theory and quantitative research methods. The objective is for students to gain the in-depth understanding of the market, political and other forces that have driven the economic globalization process, as well as the private and public actors and institutions shaping international trade and financial issues and policies, enabling them to enter the workforce as specialists in international economics.
Admission to the Program
Applicants must hold an accredited Bachelor’s degree with a cumulative grade point average of at least B+ (3.30 or higher on a 4.00 scale). Admission is based on the academic record, two letters of recommendation, and the Graduate Record Examination (GRE) general test. Non-native English speakers are required to submit the results of the Test of English as a Foreign Language (TOEFL) or the International English Language Testing System (IELTS), unless they hold a degree from a US-accredited institution. The minimum TOEFL score for full admissions consideration is 100 on the Internet-based test (IBT), 250 on the computer-based test, or 600 on the paper-based test. The minimum IELTS score is 7.0.
Applicants must complete Calculus I (MATH-221), Basic Statistics (STAT-202), Intermediate Microeconomics (ECON-300), and Intermediate Macroeconomics (ECON-301), or their equivalents at other institutions, prior to enrollment in the program.
The master's degree requires 39 credit hours of course work of approved graduate course work, including 15 credit hours in economic theory, 9 credit hours in international economic theory and international trade and investment policy, 6 credit hours in research methodology, and 9 credit hours of other required courses or electives.
Prerequisite credit (including ECON-603) does not count toward the degree. All courses must be taken for grades (the pass/fail option is not permitted). No more than 3 credit hours of ECON-691 Internship may be taken. All courses must be approved by the student's advisor and fit into a coherent educational program developed by the student in consultation with the advisor.
Core Courses (24 Credit Hours)
- ECON-505 Introduction to Mathematical Economics
- ECON-601 Macroeconomic Theory
- ECON-600 Microeconomic Theory
- ECON-671 International Economics: Trade
- ECON-672 International Economics: Finance
- SIS-619 International Political Economy
- SIS-665 International Trade Relations
- SIS-666 International Financial Relations
Tools of Research (6 Credit Hours)
- ECON-623 Econometrics I or STAT-515 Regression Analysis
- ECON-624 Econometrics II or STAT-522 Time-Series Analysis or STAT-524 Data Analysis
Elective Courses (6 credit Hours)
- 6 credit hours in courses approved by either of the program co-directors and selected from SIS courses at the 500 level and above.
Capstone Requirement (3 Credit Hours)
- SIS-793 Practicum in International Affairs or ECON-797 Master’s Capstone Seminar