We give students a research-based view of subjects crucial to understanding today's market, designed to equip graduates with the core theoretical and analytical roots needed to solve the toughest challenges of today's globalized economies.
What can be done to avoid financial crises? How can growth in the least developed countries be accelerated? How can wealth be distributed equitably and sustainably? This program will allow students to acquire a thorough knowledge of the conceptual and empirical tools of modern Economics applied to international trade, finance, and development.
Our teaching faculty offers a wide array of courses, and students are able to tailor their education by pursuing topics of interest in either development or international trade and finance, or a combine of both. A master's advisor will guide each student in completing an independent master's project by the end of the program, allowing specialization in a policy topic of the student's choice.
Our master's faculty consists of internationally renowned scholars who have previously held academic positions at Berkeley, Cambridge, Chicago, MIT, NYU, and Stanford. Our professors have also worked or held consulting appointments at international organizations such as the European Central Bank, the Inter-American Development Bank, the IMF, and the World Bank. In addition to our world-class faculty, students will attend a series of policy guest lectures delivered by international experts.
This program also provides an excellent background for students interested in pursuing a PhD, as our general approach to theory and empirics is similar to those usually found in top PhD programs. Many students use the ITFD program as preparation for entry into competitive PhD programs at prestigious universities in Europe and the United States.
Examples of recent ITFD professional placements:
Examples of recent ITFD PhD program placements:
In the Fall term, program students have the opportunity to take a mathematics, statistics, and a computer tools brush-up course. This course is not mandatory but highly recommended to assure a smooth start.
A master project, which will be supervised in regular meetings with an advisor, will allow each student to put their knowledge into practice and improve their writing and exposition skills.
|Economic Growth and Development||6||Antonio Ciccone|
|International Trade and Finance||6||Jaume Ventura|
|Quantitative and Statistical Methods I||6||Libertad González|
|Quantitative and Statistical Methods II||6||Christian Brownlees
|All students must earn 15 additional credits by enrolling in either (i) five short courses; or (ii) three short courses and one long course.|
|List A: Short courses (3 credits each)|
|Money and Exchange Rates||3||Fernando Broner|
|Sovereign Debt and International Financial Architecture||3||Fernando Broner|
|International Trade and Growth||3||Alejandro Cunat|
|Firms, Technology and Trade Policy||3||Gino Gancia
|The Economics of Migration||3||Albrecht Glitz|
|The Rise of the Global Economy||3||Joachim Voth|
|List B: Long courses (6 credits)|
|Development Economics||6||Alessandro Tarozzi|
|Macroeconomics II||6||Danilo Guaitoli
|Master Project||6||Fernando Broner
|All students must earn 12 additional credits by choosing among the following courses:|
|List A: Advanced courses (3 credits each)|
|Systemic Risk and Finance||3||José-Luis Peydró|
|Topics in Macro V: Labor Markets *||3||Régis Barnichon|
|Topics in Macro VI: Monetary Economics *||3||Jordi Galí|
|Topics in Macro VII: International Finance *||3||Fernando Broner|
|Topics in Macro VIII: Open Economy Macro *||3||Luca Fornaro|
|Topics in Applied Economics III: Development *||3||Gianmarco León|
|Topics in Applied Economics IV: Labor *||3||Libertad Gonzalez|
|Topics in Applied Economics V: Economic Institutions *||3||Maria Petrova|
|Topics in Applied Economics VI: Poverty, Inequality and Mass Media *||3||Ruben Enikolopov|
|List B: Regular courses (6 credits each)|
|Econometric Methods III||6||TBA|
|Experimental Economics||6||Rosemarie Nagel|
|Political Economy||6||Maria Petrova
|Topics in Economic Growth and Development||6||Xavier Sala-i-Martin|
|Empirical Methods in Finance||6||Andrea Polo
Javier Gómez Biscarri
* Starred courses are advanced PhD courses and require permission from the instructor and the ITFD Director.
Upon successful completion of the program, students will receive a Master Degree in Specialized Economic Analysis awarded jointly with Universitat Autònoma de Barcelona (UAB) and Universitat Pompeu Fabra (UPF).
All Barcelona GSE master degrees have been recognized by the Catalan and Spanish Education authorities within the framework of the Bologna Process (in Spanish, “Master Universitario o Master Oficial”). Indicadors de qualitat