An international economist can be a valuable asset to multinational corporations, governments and international agencies. They help shape financial policy by studying areas of macroeconomics, like exchange rates, global tariffs, trade treaties and market shifts. A person with a degree in economics, particularly International Economics, would be able to make recommendations for new agreements and policies that could correct trade imbalances, maximize profits and create a better global marketplace.
Education economics for the study of international concepts vary from school to school, but the basic tenets are the same. Students will take introductory, intermediate and advanced principles of microeconomics and principles of macro economics courses. They’ll take courses in accounting, applied economics statistics, applied statistical methods, international monetary economics, issues and controversies, money & banking, international trade theory and policy, industrial organization, econometrics, globalization, international business, export management, calculus, financial marketing, economic geography and global history. Each student in this major will be required to study a foreign language like French, German, Spanish, Italian, Russian or Chinese. They’ll take some electives like humanities, computer science, literature, art history and science. They may also be required to travel or complete some independent study work in their final years.
Once students finish their BA or BS in International Economics, they will likely move onto a master’s program. Economics university institutions like Yale, Brandeis University, Eastern Michigan University, George Washington University, Pace University NY and Suffolk University offer decent graduate studies in this field. Most graduates go on to teach in post-secondary education, work as economists for the government or delve into business and financial operations at private firms. Most of the master’s programs take 1 to 2 years to finish and some link up with graduate programs, which grant you an MA after your first year of completion.
To attend an economics college, you should be relatively good at mathematics, history and high-school-level economic theory. Some educational economics programs are easier to get into than others, so if your grades aren’t great, try Weber State University (UT), Valparaiso University (IN), Suffolk University (MA), the University of St. Thomas (MN), Austin College (TX), the College of St Catherine (MN), Carthage College (WI) or Carson-Newman College (TN). However, for all but Carson-Newman and Weber, be prepared to pay your way into these schools to study International Economics with tuition fees over $25,000!
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