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Graduate Degree Program in International Economics Overview

Majors Overview May 8, 2015

Get information about graduate degree programs in international economics and their education requirements, coursework, and job and wage outlook.

Master of Science (M.S.) Programs in International Economics

Students enrolled in the Master of Science (M.S.) in International Economics learn about the cause and effect relationships of the economic forces that stimulate the global market. Analytical and quantitative skills are developed by students to augment techniques that help them study the fluctuating international markets.

While schools require some previous education from applicants, a bachelor’s degree in economics is not mandatory for admittance to every master’s program. Armed with a master’s degree, students can seek jobs in public and private consulting and finance companies at the international and local levels.

Education Requirements

Admission criteria typically require incoming students to hold a bachelor’s degree, in addition to a minimum GPA of 3.0 or scores from the GRE or GMAT. While applicants need not hold a bachelor’s degree in economics, a student’s background must include several classes about calculus, macroeconomics, and microeconomics.

Coursework

Advanced and intermediate courses in mathematics and economics are augmented by core coursework in topic areas such as the following areas of study:

•Developing economics
•Managing investments
•Advanced math models
•Corporate finance and economics
•Economic law
•Advanced macroeconomics and microeconomics
•International trade regulations and policies

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth of 14% has been predicted for economists, including international economists (U.S. Bureau of Labor Statistics). In May 2014, general operations managers brought in an average annual wage of $117,200.

Doctor of Philosophy (Ph.D.) Programs in International Economics

A strong foundation and in-depth knowledge in modern and historical economic theory are imparted to students in a Ph.D. program in International Economics. Students enrolled in the program are taught about researching and analyzing past and current international issues in the economic market, including international trade fluctuation, taxation in different markets, and international policies and regulations.

Students can become adept at analyzing the ways the current economic status of different markets is affected by current investments and trades, basing such analysis on historical occurrences and current theory.

Education Requirements

Students are required to have a bachelor’s degree in a related field. In some cases, they are required to have taken courses in intermediate microeconomics and macroeconomics and have a basic knowledge of linear algebra, calculus, probability, and statistics. Some programs will allow students to finish these courses during their first year in the program.

Coursework

Advanced theories related to the analysis of historical and current international issues are taught to students enrolled in doctoral courses in international economics. Core coursework includes topic areas such as the following:

•Economic research methods and writing
•Monetary theory
•Advanced history of economics
•History of the international markets
•International financial markets

Job and Wage Outlook

Doctoral program graduates can seek various careers, including that of a professor. Over the 2012 – 2022 decade, a job growth of 19% has been predicted for postsecondary teachers (BLS). In May 2012, general operations managers brought in an average annual wage of $97,770.

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  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
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  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
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  • Accelerated Programs
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4 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
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  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Our top-ranking program blends modern business theory with real-world experience
  • Institutionally accredited by SACSCOC with ACBSP graduate business program accreditation
  • High-quality, Christ-centered education with online and select on-campus & evening courses
  • Qualifying bachelor's students can transfer up to 90 credit hours into their degree program
  • 86% of Regent students receive some form of financial aid
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3 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
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  • Flexible Scheduling
  • Accelerated Programs
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  • Transferable Credits
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  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
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