Faculty: INSTITUTE OF GRADUATE PGROGRAMS This major focuses on global economic systems, financial markets, and international trade. Students explore macroeconomics, international finance, trade policy, and financial institutions. The program emphasizes analytical skills and economic theory to navigate the global economy. Graduates are prepared for careers in financial institutions, multinational corporations, government agencies, and international organizations. **Learning Objectives:** - Understand international economics and finance fundamentals. - Develop skills in analyzing global economic trends and financial markets. - Learn techniques for evaluating trade policies, exchange rates, and international investments. - Explore the role of international economics and finance in global development and policy-making. - Understand risk management, financial regulation, and ethical considerations. - Analyze challenges and opportunities in the global economic and financial landscape. - Develop teamwork and problem-solving skills for economic and financial analysis. **Major Outline:** 1. **Introduction to International Economics and Finance** - Overview of the field, history, and applications in global economic analysis. - Fundamentals of economic theory and financial principles. 2. **Macroeconomics** - Study of macroeconomic principles, including national income, fiscal policy, and monetary policy. - Techniques for analyzing macroeconomic indicators and global economic trends. 3. **International Finance** - Fundamentals of international finance, including exchange rates, balance of payments, and international capital flows. - Techniques for evaluating foreign exchange markets, interest rates, and international investments. 4. **Trade Policy and Globalization** - Principles of international trade, including comparative advantage, trade agreements, and globalization. - Techniques for analyzing trade policies, tariffs, and non-tariff barriers. 5. **Financial Institutions and Markets** - Study of financial institutions, including banks, investment firms, and regulatory bodies. - Techniques for understanding and navigating financial markets, instruments, and regulations. 6. **Risk Management** - Principles of risk management in international finance, including hedging, derivatives, and portfolio management. - Techniques for assessing and mitigating financial risks in global markets. 7. **Economic Development and Policy** - Methods for promoting economic growth and development in global contexts. - Techniques for designing and implementing economic policies to address global challenges. 8. **Ethical Considerations and Regulatory Standards** - Understanding ethical considerations and regulatory standards in international economics and finance. - Techniques for ensuring compliance with financial regulations and promoting ethical practices. 9. **Emerging Trends** - Analysis of innovations such as fintech, cryptocurrencies, and sustainable finance. - Techniques for adapting to new trends and technologies in the field. 10. **Capstone Project** - Real-world project to apply learned skills in economic analysis, financial evaluation, or policy-making. - Techniques for delivering a comprehensive solution to global economic and financial challenges. **Assessment Methods:** - Economic and financial analysis projects, simulations, written assignments, case studies, group projects, and internships. **Recommended Textbooks:** - "International Economics: Theory and Policy" by Paul R. Krugman, Maurice Obstfeld, and Marc Melitz. - "International Financial Management" by Alan C. Shapiro. - "Financial Markets and Institutions" by Frederic S. Mishkin and Stanley Eakins. **Prerequisites:** Basic knowledge of economics, mathematics, and statistics. Suitable for students in economics, finance, international relations, and related fields. **Major Duration:** Typically 4 years for a bachelor's degree, including coursework, projects, and internships. **Certification:** Graduates may receive a degree in International Economics and Finance and pursue certifications like Chartered Financial Analyst (CFA) or Certified International Trade Professional (CITP). **Target Audience:** Aspiring economists, financial analysts, trade policy advisors, and professionals seeking to specialize in international economics, finance, and global economic analysis. This major equips students with the skills needed to excel in international economics and finance, supporting advancements in global economic development, financial markets, and policy-making.