International Economic Relations

The International Economic Relations field focuses on the consequences of the economic interaction among countries. These interactions include trade in goods, services, assets, ideas, and macroeconomic spillover effects, as well as the effects of rules, regulations and policies like tariffs, trade quotas, controls on the international flow of capital and the exchange rate regime.  There are important consequences of these interactions including unemployment and inflation, the rise or fall of particular industries, and the outcomes for different categories of workers. These affect national welfare, economic stability, inequality and political movements, which in turn affect economic policymaking. The coursework in this field prepares students through the teaching of economic theory, political theory, statistics and various types of empirical analyses.

Field Advisor(s)

Michael Klein

Michael W. Klein

Field Requirements

6 courses 

Total Credits Required

18.00 credits

  • Prerequisite courses or equivalency exams may be required   

    DHP P217 Politics of the Global Economy (3.0 credits)

    EIB E213 Econometrics (3.0 credits)

    EIB E220 International Trade and Investment (3.0 credits)

    EIB E230 International Finance (3.0 credits)

  • Students are also required to take two additional courses (6.0 credits) to complete this field, one from an approved list of DHP courses (3.0 credits) and another from an approved list of ILO courses (3.0 credits).  

    Approved DHP courses (3.0 credits):

    DHP D205 Global Maritime Affairs
    DHP D238 Current Issues in Global Immigration Policy
    DHP H202 Maritime History and Globalization
    DHP P207 GIS for International Applications
    DHP P209M Demography and National Security
    DHP P212 Political Economy of the Global Arms Trade
    DHP P216 Research and Writing in the Global Political Economy
    DHP P218 Global Political Economy: Comparative and Critical Perspectives
    DHP P219 Political Economy of Development
    DHP P236 Cyber in the Civilian Sector: Threats and Upheavals
    DHP P255 International Energy Policy
    DHP P287M Political Economy and Business of the European Union
    DHP P289M Macroeconomic Environment for Business in Latin America

    Approved ILO courses (3.0 credits)

    ILO L209M International Treaty Behavior: A Perspective on Globalization
    ILO L220 International Organizations
    ILO L221 Actors in Global Governance
    ILO L230 International Business Transactions
    ILO L231M International Arbitration
    ILO L232 International Investment Law
    ILO L233 International Financial and Fiscal Law
    ILO L237 Mergers and Acquisitions: An International Perspective
    ILO L240 Legal and Institutional Aspects of International Trade
    ILO L250 Law and Development

  • Students with an interest in economics are encouraged, but not required, to take: 

    EIB E210M Quantitative Methods 

    EIB E211 Microeconomics 

    EIB E212M Macroeconomics 

    EIB E221 Advanced Seminar on International Trade and Investment

  • A practicum is required for MGA students.

Faculty with expertise in the field:

Daniel Drezner

Daniel Drezner

Michael Klein

Michael W. Klein

Joel Trachtman

Joel P. Trachtman