International Economic Policy and Management Concentration

The International Economic Policy and Management concentration prepares students for careers in international agencies, nonprofit organizations, international business and finance, and government. Students develop proficiency in international trade, finance, and economic policy analysis, giving them the conceptual and technical skills needed to understand the complex forces that drive international economic activity in this era of globalization. Course work in political economy and international relations provides students with the training to understand how the international political system and governmental institutions affect national security and foreign economic policies, and to contend with increasingly complex governance issues, such as corruption and human rights.

Students in the International concentration must take the required core course (3 points), then fulfill the requirements of one of the focus areas (6 points), and then must take 6 elective courses (18 points).

Core Course

The following course is required for the International Economic Policy & Management concentration (3 Points):

Points
EMPA U6035Open Economy Macroeconomic Analysis3

Trade and Finance Focus Area

Students must complete 6 points:

Points
EMPA U6017International Trade and Development3
EMPA U6018International Finance and Monetary Policy3

International Politics Focus Area

Students must complete 6 points:
 

Points
EMPA U6237Global Context of Policymaking3
EMPA U8500Issues in Contemporary Security and Policymaking3

Political Economy Focus Area

Students must complete 6 points:

Points
EMPA U6230Political Economy Seminar3
EMPA U6233International Political Economy3

Electives

Select 6 of the following to complete the International Economic Policy & Management concentration (18 Points)

Points
EMPA U6425Communicating in Organizations3
EMPA U6036Strategic Corporate Social Responsibility3
EMPA U6510Managing Social and Economic Risk: Comparative Public Policy Approaches3
EMPA U6017International Trade and Development3
EMPA U6018International Finance and Monetary Policy3
EMPA U6230Political Economy Seminar3
EMPA U6233International Political Economy3
EMPA U8500Issues in Contemporary Security and Policymaking3
EMPA U6237Global Context of Policymaking3

2-Year Sample Program

Two-Year Option with IEPM concentration

Year 1
FallPointsSpringPointsSummerPoints
EMPA U82003EMPA U82163EMPA U62373
EMPA U82133EMPA U82013EMPA U62333
EMPA U64253EMPA U63103EMPA U60353
 9 9 9
Year 2
FallPointsSpringPoints 
EMPA U60103EMPA U85003 
EMPA U60173EMPA U95003 
EMPA U60183EMPA U65603 
 9 9
Total Points: 45

3-Year Sample Program

Three-Year Option with IEPM concentration

Year 1
FallPointsSpringPointsSummerPoints
EMPA U82003EMPA U82013EMPA U60353
EMPA U82133EMPA U82163 
 6 6 3
Year 2
FallPointsSpringPointsSummerPoints
EMPA U60103EMPA U85003EMPA U62373
EMPA U64253EMPA U63103 
 6 6 3
Year 3
FallPointsSpringPointsSummerPoints
EMPA U60183EMPA U95003EMPA U62333
EMPA U60173EMPA U65603 
 6 6 3
Total Points: 45

EMPA U6035 Open Economy Macroeconomic Analysis. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA
Summer 2017 Course Dates: May 24 - July 26

This course examines key issues in open economy macroeconomics, including the foreign exchange market, international monetary arrangements, the balance of payments and current account imbalances, national income accounting, the effectiveness of monetary and fiscal policies in open economies, the determinants of exchange rate changes, and the economics of monetary integration. The course is policy-oriented, analyzing case studies and issues relating to the current global economic and financial crisis, the U.S. budget and current account deficits, the value of the dollar, the Japanese economy, Chinese trade and the value of the yuan, the operation of the European Monetary System, the European Central Bank and the crisis over the euro, the international transmission of economic disturbances, and other related topics.

Term Section Call Number Instructor Times/Location
Summer 2017 001 88396 Francisco Rivera-Batiz W 6:30pm - 9:30pm
407 International Affairs Bldg

EMPA U6017 International Trade and Development. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA
Open to EMPA Students Only

An exploration of the basis of trade, the gains from trade, and the impact of trade on growth, employment, and income through in-depth analysis and case studies, simulations and policy debates. Topics discussed include the theory of comparative advantage, "new" trade theory, the terms of trade, protectionism in theory and practice, customs unions, the impact of the internationalization of produc�tion on trade, and contemporary debates, such as the role of environmental and labor standards in trade agreements and the effect of trade on poverty.

Term Section Call Number Instructor Times/Location
Fall 2017 001 69266 Andrea Bubula Sa 2:10pm - 4:00pm
405 International Affairs Bldg

EMPA U6018 International Finance and Monetary Policy. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA
Open to EMPA Students Only

Prerequisites: SIPA U6401

Examines international finance and the institutions and principles governing the functioning of the international monetary system. Among the topics discussed are the structure, operation, and stability of foreign exchange markets, the causes and consequences of international accounts disequilibria, the mechanisms of balance-of-payments adjustment, the merits of different exchange rate regimes, financial crises, the effects of international capital mobility on trade, growth, and employment, and the problem of international policy coordination. 

Term Section Call Number Instructor Times/Location
Spring 2018 001 18346 Timothy Goodspeed Sa 9:00am - 10:50am
410 International Affairs Bldg

EMPA U6237 Global Context of Policymaking. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA
Summer 2017 Course Dates: May 23 - July 25

This course addresses the question of how multilateralism may facilitate policy making in meeting global challenges. The readings, discussions, and guest speakers survey emerging issues in the debate on global governance. Special attention is given to the role of international institutions, including the United Nations, regional organizations, and international financial institutions. Pressing security issues are discussed, including terrorism, weapons of mass destruction, and prospects for peacebuilding in war-torn societies. Attention then turns to global policies on investment and trade, combating poverty, and sustainable development.

Term Section Call Number Instructor Times/Location
Summer 2017 001 28029 Naomi Weinberger T 6:30pm - 9:30pm
407 International Affairs Bldg

EMPA U8500 Issues in Contemporary Security and Policymaking. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA

This course examines central issues in contemporary international security policy such as causes of war, American primacy, rising major powers, international and civil wars, the spread of weapons of mass destruction, unconventional warfare, crisis management, standards for legitimate use of force, and key concepts in the study of international politics and conflict.

Term Section Call Number Instructor Times/Location
Fall 2017 001 98700 Richard Betts Sa 9:00am - 10:50am
405 International Affairs Bldg

EMPA U6230 Political Economy Seminar. 3 Points.

Category: EMPA
Summer 2017 Course Dates: May 25 - July 27

This seminar surveys the defining political economy issues of our time. It explores the interplay between politics and economics in the substantive issue areas of trade, finance, investment, development, and redistribution. The seminar surveys the most provocative, influential contributions in multiple disciplines utilizing a wide range of research methods. Contemporary debates are studied in depth, including the fragmentation of production, causes and consequences of financial crises, growing inequality, economic development challenges, and the determinants of public goods provision. The course equips students with the conceptual and empirical tools to better understand current developments, provides exposure to multiple perspectives, and builds confidence in development one's own point of view.

Term Section Call Number Instructor Times/Location
Summer 2017 001 15798 Yumiko Shimabukuro Th 6:30pm - 9:30pm
404 International Affairs Bldg

EMPA U6233 International Political Economy. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA

This course serves as an introduction to the politics of international economic relations. It examines the principal conceptual approaches in the field of international political economy and basic elements of several key substantive issue areas such as money, finance, trade, development, and globalization.

Term Section Call Number Instructor Times/Location
Spring 2018 001 11196 Yumiko Shimabukuro W 6:10pm - 8:00pm
407 International Affairs Bldg

EMPA U6425 Communicating in Organizations. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA, EMPA: Advanced Management & Finance
Open to EMPA Students Only

A survey course that explores aspects of day-to-day managerial communication, presentations and high-profile moments, as well as interpersonal communication. The course uses many teaching techniques: short lectures, individual and group exercises, videotaped presentations, role-plays, case discussions, video clips, and writing assignments.

Term Section Call Number Instructor Times/Location
Fall 2017 001 29532 Joann Baney Th 6:10pm - 8:00pm
402b International Affairs Bldg
Spring 2018 001 81529 Joann Baney Sa 11:00am - 12:50pm
402b International Affairs Bldg
Spring 2018 002 90942 Joann Baney Sa 3:00pm - 4:50pm
402b International Affairs Bldg

EMPA U6036 Strategic Corporate Social Responsibility. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA, EPD:Sustainable, EPD:Economic, HRHP, Management, EMPA: Advanced Management & Finance

This course will introduce students to the global context of CSR through comparative business perspectives. After considering the theoretical frameworks for undertaking CSR activities the course will addresses a number of public policy issues facing globalizing companies through a series of case studies. Under examination is the manner in which business and ethical considerations have impacted upon different social, labor, and environmental challenges. We will be asking students to consider: to what extent such factors have been, and will be, part of the corporate strategy decision-making process; why companies are having to adapt (or not) to different pressures; and whether they might sometimes be going above and beyond the standards required by regulation.

Term Section Call Number Instructor Times/Location
Fall 2017 001 62998 Todd Jacobson M 6:10pm - 8:00pm
418 International Affairs Bldg

EMPA U6510 Managing Social and Economic Risk: Comparative Public Policy Approaches. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA, USP:Social, USP

What motivates governments to protect citizens from economic hardships by implementing social welfare programs instead of relying on private market solutions?  What explains the quantitative and qualitative variation in social protection schemes across countries with similar income levels?  This course explores these issues by examining the politics, economics, and history behind the creation and maintenance of social welfare systems in advanced industrialized countries.  It introduces students to key concepts and recent research in the field of social policy.  Through the case method, small group exercises, and panel presentations, this course provides a forum for students to engage, debate, and write about contemporary trends such as aging, fiscal austerity, housing crisis, and technological and social innovation.  This course also offers various tools—the fundamentals of knowledge transfer, contingency planning, relaxation strategies, and body language—to assist you in improving and diversifying your oral presentation skills.

EMPA U8500 Issues in Contemporary Security and Policymaking. 3 Points.

Category: EMPA: International Economic Policy & Management, EMPA

This course examines central issues in contemporary international security policy such as causes of war, American primacy, rising major powers, international and civil wars, the spread of weapons of mass destruction, unconventional warfare, crisis management, standards for legitimate use of force, and key concepts in the study of international politics and conflict.

Term Section Call Number Instructor Times/Location
Fall 2017 001 98700 Richard Betts Sa 9:00am - 10:50am
405 International Affairs Bldg