Specialization Head: Judith Dean (email@example.com)
The IBS Specialization in International Economic Policy Analysis prepares students to work in economic policy institutions anywhere int he world, including central banks, government finance ministries, trade policy institutions, financial regulatory agencies, macroeconomic think tanks, and international lending institutions.
Students develop an advanced understanding of the economic forces invoked by government intervention and become familiar with current best evidence on the magnitude of those forces. If taxes are raised on the rich, how much will business creation be discouraged? If social spending is cut back during a recession, will output rise or fall in the short run? And in the long run? If we raise capital requirements on banks, how strong will be the effect on business lending?
To understand the evidence and to stay abreast of the research later in their careers, students master advanced econometrics tools. We recommend that every student in this specialization writes a paper, either in Empirical Analysis of Trade Policy or by doing a Master's Thesis.
To earn a Specialization in International Economic Policy Analysis, students must complete 20 credits at IBS in fulfillment of the requirements listed below.
20 credits from the following categories as shown:
Group 1: Foundational (2 credits required)
||Foundations of Statistics and Econometrics II (2 credits)
Group 2: Advanced Econometrics (4 credits required)
||Forecasting in FIN & ECON (time-series econometrics) (4 credits)
||Empirical Analysis of Trade Policy (4 credits) -OR-
||Survey of Advanced Econometric Techniques (2 credits)
Group 3: Core Policy (8 credits required)
||Central Banking (4 credits)
||Managing Government Debt and Deficits (4 credits)
||Taming Financial Markets (4 credits)
||Economic Development Strategies (4 credits)
Group 4: Electives (at least 6 credits)
Any selection below, or any course in Groups 1-3 not taken to fulfill other specialization requirements.
||Advanced INternational Macroeconomics (2 credits)
||Applied Business Cycle Analysis (2 credits)
||Advanced Macroeconomics (PhD level course) (4 credits)
||International Trade Theory (PhD level course) (4 credits)
||Asia, Center of the World Economy (4 credits)
||Economy of China (2 credits)
||Economics of the Middle East (4 credits)
||Agents of Dev't: Individuals, Households & Firms (4 credits)
||Outsourcing and Off-Shoring (4 credits)
||Public Policy, Business Leadership & World Affairs (2 credits)
||Management Communication (2 credits)
||Master's Project (4 credits)
- Students must be mindful that many electives require other courses as pre-requisites.
- If a student exempts from a course, total IBS credits in Specialization remain the same. The student would take more courses under Group 4.
Select a different specialization