International Economics and Finance
Gain expertise on advanced economic theories, and master professional quantitative and econometrics skills.
FEATURED COURSES
Understand the principles and analytical tools of economics that are essential to solving complex global issues.
Public Finance
Introduces the key concepts in public finance that underpin most discussions of public policy regarding the role of the government section, including public goods (both national and global), externalities and market failure, tax policy, macrofiscal policy and fiscal federalism.
Using these concepts, seeks to highlight some of the challenging real-world public policy issues confronting the government sector in different parts of the world and how these are evolving in a globalizing world. Prerequisites: Microeconomics or Accelerated Microeconomics and Macroeconomics or Accelerated Macroeconomics. (This is a cross-listed course offered by the International Economics Program that also can fulfill a requirement for the International Development Program).
Multinational Corporate Finance
Covers issues related to both international financial markets and financial decision-making within the international environment.
Focuses on understanding and forecasting financial conditions in international markets; identifying, measuring and managing exchange-rate risk; taxation of international income; implications of political risk on project valuation; and cost of capital for international projects. Prerequisite: Financial Decision-Making.
Risk Analysis and Modeling
This introductory course will focus on the nature of risk as it affects decision-making in areas such as public policy, economics, and finance.
The use of simple and complex probabilistic models in describing risk and valuing risk outcomes will be explored, including an evaluation of the conditions under which analytical approaches and modeling work well or fail.
Econometrics
Provides comprehensive introduction to econometrics. Develops tools for estimating functional relationships and critically reading empirical studies that use different econometric techniques;
presents assumptions of multivariate regression and discusses the most common econometric problems and the potential consequences and remedies; and discusses omitted variables, sample selection, heteroscedasticity, autocorrelation, multicollinearity and use of discrete variables. Introduces instrumental variable technique. Uses statistical software in applied exercises. Prerequisite: Statistical Methods for Business and Economics.
LEARN FROM THE BEST
Study with world-class experts who are renowned for their scholarship, influence, and networks.
In the News
Three SAIS Faculty Members Are on Foreign Affairs List of Best Books of 2024
Every year, Foreign Affairs magazine publishes a list of the very best of the hundreds of books on international politics, economics, and history that were featured in the magazine during the year, selected by the magazine’s editors and book reviewers.