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* For students who entered SIPA after fall 2009, please see the updated IFEP Curriculum page.


The IEP curriculum studies the theory, formulation, institutional history and track record of international trade policies and international monetary relations.  The IEP concentration trains students in economic, empirical, political and institutional analysis of international economic policymaking.  The concentration has three tracks: international trade, international monetary relations, and international political economy.  Undergraduate coursework in economics and political science are recommended but not essential for incoming students. 

The IEP concentration is appropriate preparation for careers in business, management consulting, financial institutions, government, central banking and international organizations.  Some students also use the IEP concentration as a first step toward pursing a PhD in economics or political science.

IEP Curriculum Requirements

Eight courses (24 points) are required for the IEP concentration, three of these (9 points) may double-count toward the MIA or MPA core curriculum. 

All students are required to take the following three courses:

  • Political Science G6820

Theory of International Political Economy (Fall)

  • International Affairs U6017

International Trade (Fall and Spring)

  • International Affairs U6018      

International Finance & Monetary Theory (Fall and Spring)

In addition, students must take one of the following courses as a second statistics course (only offered in spring):

  • International Affairs U6312

Applied Quantitative Analysis for International Affairs (Spring)

  • Political Science W4911

Analysis of Political Data (Intermediate) (Spring)

Concentration Tracks

  • International Trade
  • International Monetary Relations
  • International Political Economy

Numerous electives that count toward the IEP tracks are offered each semester. Some examples are listed on the following pages. This is not an exhaustive list. New courses may be added. Please check with the concentration Director to ask whether additional courses can count towards your track.

IEP Course Information, 2006-2007

Courses that fulfill IEP’s Core Requirements:

POLS

G6820

Theory of International Political Economy (Fall)

(Pinto)

INAF

U 6017

International Trade (Fall and Spring)

(Harrigan)

INAF

U 6018

International Finance & Monetary Theory (Fall and Spring)

(Clarida)

INAF

U 4600

Economic Analysis for IA (MIA) (year-long)

(Bubula)

INAF

U 4626

Math Lab – Economic Analysis for IA   (MIA)     

(Barrett)

INAF

U 4320

Statistics - Quantitative Analysis  (MIA)   Fall and Spring)

(Thurman/
Anil)

Electives: International Trade Track

INAF

U 6014

Accounting & Finance for IA (Fall and Spring)

(Danzig/
Corfman)

INAF

U 6016

Cost-Benefit Analysis (Fall and Spring)

(Goldberg) 

ECON

G 6903

Theory of International Trade (Fall and Spring)

(Davis)

ECON

G 4526

Transition Issues in East-Central Europe, Post-Soviet States and Reforming Asian Economies (Fall)

(Desai)

ECON

G 4301

Economic Growth & Development (Fall)

(Sala-I-Martin)

INAF

U 6355

Globalization (Spring)

(O’Halloran)

SIPA

U 9007

IEP Workshop (Spring)

(Graham)

INAF

U 8016

Free Trade Agreements: A Behind-the-Scenes View of Negotiations (Spring)

TBA

INAF

U 6358

Regulatory Dimensions of Global Business (Spring)

(Decker, Wicks)

INAF

U 4780

Globalization: Economic and Social Consequences and Appropriate Governance (Spring)

(Bhagwati, Panagariya)

ECON

G 4527

Economic Organization & Development of China (Spring)

(Riskin’)

INAF

U6625

History of the Brazilian Economy (Spring)

(Fishlow)

INAF

U 8150

Economic Transformation in New Democracies (Spring)

(Stark)

INAF

U8370

Labor in the Global Economy (Spring)

(Murillo)

INAF

8385

Managing Global Political Risk (Spring)

(Keat)

ECON

6521

Economics of European Integration (Spring)

(O’Cleireacain)

LAW

6545

Globalization in Comparative Perspective§  (Spring)

(Lothian, Pistor)

LAW

9103

Legal Aspects of US Foreign Economic Policy § (Spring)

(Gardner)

POLS

8826

Political Economy of Trade and Investment (Spring)

(Pinto)

INAF

8380

Managing the Global Corporation (Spring)

(Thoman)

LAW

L8031

Foreign Direct Investment and Public Policy§ (Fall)           

(Sauvant)

LAW

L 9069

Law and Economics §  (Fall)

(Morrison, Fox)

LAW

L6488

Law of the WTO§ (Fall)         

(Baghwati, Mavroidis)

INAF

U6612

Economic Challenges Facing Europe (Fall)

(Jestaz)

INAF

U6775

Indian Economy in Transition (Fall)
(Prerequisite U4600/4601 or U8213/U8216)

(Panagariya)

INAF

U8090

The Transatlantic Economy (Fall)

(O’Cleireacain)

ECON

6521

Economics of European Integration (Spring)

(O’Cleireacain)

INAF

U8145

Advanced Economic Development for IA (Fall)
(Prerequisite U4600/4601 or U8213/U8216)

(Verhoogen)

INAF

U8156

Foreign Economic & Trade Policy Seminar (Spring)

(Janow)

INAF

U8600

China’s New Marketplace (Fall)

(Rosen)

LAW

L9214

Seminar – WTO Dispute Settlement§    (Fall)

(Mavroidis, Bagwell)

Electives: International Monetary Relations Track

INAF

U 6045

International Capital Markets (Fall and Spring)

(Robb)

INAF

U 6014

Accounting and Finance for IA (Fall and Spring)

(Danzig/
Corfman)

PUAF

U 6033

Decision Models & Management

(Riccio)

INAF

U 6301

Corporate Finance (Fall and Spring)
(Prerequisite 6014)

(Roell)

INAF

U 6016

Cost-Benefit Analysis (Fall and Spring)

(Goldberg) 

SIPA

U 9007

IEP Workshop (Spring)

(Graham)

ECON

6904

International Monetary Transactions (Spring)

(Clarida)

INAF

8380

Managing the Global Corporation (Spring)

(Thoman)

INAF

8385

Managing Global Political Risk (Spring)

(Keat)

INAF

U 6022

Economics of Finance (Spring)

(Morgan)

BULW

B 6151

Business Law: Government Regulation & Crisis Management (Spring)

(Robbins)

ECON

G 4527

Economic Organization & Development of China (Spring)

(Riskin)

ECON

G 4421

Problems of Emerging Market Economies (Fall)

(Desai)

LAW

L 9069

Law and Economics §  (Fall)

(Morrison, Fox)

LAW

L8031

Foreign Direct Investment and Public Policy§ (Fall)  

(Sauvant)

ECON

6521

Economics of European Integration (Spring)

(O’Cleireacain)

POLS

8826

Political Economy of Trade and Investment (Spring)

(Pinto)

INAF

U6039

International Banking (Fall)

(Fedrigotti)

INAF

U6358

Regulatory Dimensions of Global Business (Spring)

(Decker, Wicks)

INAF

U 6625

History of the Brazilian Economy (Spring)

(Fishlow)

INAF

U 8107

Globalizing Capital and its Consequences (Spring)

(Jestaz)

INAF

U 8150

Economic Transformation in New Democracies (Fall and Spring)

(Stark)

INAF

U6415

Financial Issues in Latin America (Fall)

(Porzecanski)

ECON

G6429

Econometrics of Monetary Policy (Fall)

(Onatski)

INAF

U6612

The Economic Challenges Facing Europe (Fall)

(Jestaz)

INAF

U6775

Indian Economy in Transition (Fall)
(Prerequisite U4600/4601 or U8213/U8216)

(Panagariya)

INAF

U 8017

Globalizing Capital – Its Consequences (Spring)

(Jestaz)

INAF

U8090

The Transatlantic Economy (Fall)

(O’Cleireacain)

INAF

U8145

Advanced Economic Development for IA (Fall)
(Prerequisite U4600/4601 or U8213/8216)

(Verhoogen)

INAF

U8150

Economic Transformation in New Democracies (Spring)

(Stark)

INAF

U8156

Foreign Economic & Trade Policy Seminar (Spring)

(Janow)

INAF

U8600

China’s New Marketplace (Fall)

(Rosen)

INAF

U8675

Emerging Financial Markets, Theory & Practice (Fall)

(Wolfson, Mariscal)

INAF

U8682

Emerging Financial Markets (Spring)

(Calomiris)

Advanced Statistics Options:

INAF

U6312

Applied Quantitative Analysis for IA (Spring)

(McCarthy)

INAF

U4911

Analysis of Political Data (Spring)

(Stevens)

§ Law school classes must be cross-registered through Dean Kay.
Note1: 1-credit and 1.5-credit courses do not count as IEP electives but may be of interest.
Note2: Some classes count as electives for two tracks.
Note 3: The semester in which a course is offered is subject to change. Refer to the Directory of Classes each semester for current offerings, as the above notations may not be correct.