Please note that the following course list may vary slightly from year to year.
The International Trade, Finance and Development program is taught in three modules, proceeding from the more fundamental to the more applied. In addition, we offer a review course in mathematics and statistics in September (Syllabus). This course is not mandatory but it is highly recommended for all students.
Fall Term: Core Knowledge
In this term, students take four twenty-hour courses that provide necessary background knowledge on international trade, finance, and development. In addition, students take one forty-hour course that helps them develop their quantitative skills.
|Course Title|| ECTS||Professor(s)|
|The Rise of the Global Economy ||3||Joachim Voth|
|Economic Growth and Development ||3||Antonio Ciccone |
|International Finance ||3|
|International Trade ||3|
| Econometric Methods ||6|
Winter Term: Applications
In this term students take three twenty-hour courses and two forty-hour courses that deepen their knowledge of international trade, finance, and development. Students have substantial choice so that they can focus on their own specific areas of interest.
|Choose 3 courses among the following (9 ECTS)|
|Firms, Technology and Trade Policy ||3|
|Money and Exchange Rates ||3||Fernando Broner |
|Sovereign Debt and International Financial Architecture ||3||Fernando Broner |
|The Economics of Migration ||3||Albrecht Glitz|
|Choose 2 courses among the following (12 ECTS)|
|Macroeconomics II ||6|
|Development Economics ||6||Alessandro Tarozzi |
|Econometric Methods II ||6|
Albrecht Glitz Stephan Litschig
|Financial Institutions Management||6||José-Luis Peydró|
|Financial Econometrics ||6||Christian Brownlees |
Spring Term: Advanced Topics and Policy
In this term students take two advanced forty-hour courses chosen from a list of electives, as well as mini-courses by practitioners labeled policy lessons. In addition, all students complete an independent study project and present their results to classmates and faculty members.
|Independent Study Project||6|
|Choose 2 courses among the following (ECTS)|
|Topics in Economic Growth and Development ||6|
|Experimental Economics ||6||Rosemarie Nagel |
|Political Economy ||6|
|* Advanced Econometric Methods III ||6|
| * Topics in International Economics II ||6|
| * Topics in Macroeconomics ||6|
|Total ECTS credits||60|| |
|* Advanced course, requires authorization of program director |