Academic Programs

Frontiers of International Economics and Finance


The PhD program offers rigorous training designed to lead students to the frontiers of research and policy in their fields of interest. The curriculum provides:

  • core methodological training in macro- and micro-economic theory, finance, and econometrics.
  • specialized expertise in two of four areas: international trade, international finance, international business, and development and institutions
  • advanced skills in applied research developed through papers, workshops, presentations, and the doctoral thesis.

Program of Study

After completing the first year, students take preliminary examinations in theory and econometrics. One or two years later, after completing field courses, they take examinations in two areas of specialization.

Students admitted to the Master of Science degree follow the same path as PhD candidates in their first two years of study, including course work, part of the theory examination, and/or a significant research paper. Both groups of students receive the Master of Science degree upon successful completion of two years of study. At this point, MS candidates who have performed at a superior level have the option of applying for admission into the PhD program.

Core Requirements (offered every other year)

 

Theory

  ECON 301a Advanced Microeconomics I
ECON 302a Advanced Microeconomics II
ECON 303a Advanced Macroeconomics I
ECON 304a Advanced Macroeconomics II
 
 

Econometrics

  ECON 215a Econometrics w/Int'l Applications
ECON 312a Advanced Econometrics
ECON 312a Advanced Econometrics
 
 

Finance

  FIN 301a Advanced Financial Theory
 


Courses in two of the following fields are required (offered every other year): (360a and 330a are required for all students)

Specializations

 

Field

Courses

 

Trade (2 courses)

  ECON 360a International Trade theory
ECON 340a Industrial Organization
 
 

Finance (3 courses)

  FIN 270a Options and Derivatives
FIN 271a Pricing Derivatives on Equities
FIN 310f Advanced Asset Pricing
 
 

Advanced Macroeconomics (2 courses)

  ECON 330a International Macroeconomics
ECON 307f Empirical Methods for Dynamic Economic Models
 
 

International Business (2 courses)

  BUS 270a Managing International Business
ECON 340a Industrial Organization
 
 

International Development (2 courses)

  ECON 271a Agents of Development
ECON 370a Development Economics
 


* Other advanced finance electives may be substituted.

Enrolled students should consult the Current Students website for detailed information on current degree requirements.

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