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International and Development Economics

This field combines the specializations of International Economics (usually defined by International Trade and Internatioanl Finance) and Dvelopment Economics (both at the macro and micro levels). Among the issues to be studied are:
  • The theory of trade and investment in both static and growth models, including the effects of trade and investment on income distribution within and across countries, on growth and the composition of output, and on relative prices and terms of trade.
  • The theory and measurement of the effects of tariffs, quotas, and other commercial policies.
  • The theory of international finance and the balance of payments in its relationship to employment and inflation policies in developed and less developed economies.
  • The evolution, present state, and proposed changes of the international monetary system.
  • The role of multinational corporations in determining the pattern and terms of trade among developed and less developed economies.
  • Theories of grouwth and development. 
  • Labor markets and entrepreneurship in developing economics. 
  • Human resources (labor, health, education, gender) in developing economics. 
  • Agriculture and development. 

Course Work 
Two courses from the folowing list are required: 

Economics 86100 International Trade Theory and Policy
Economics 86200 International Macroeconomics and Finance
Economics 81100 Monetary Theory and Policy
Finance 77000 International Financial Markets and Institutions
Finance 77100 International Corporate Finance
Economics 84100 Economic Development I
Economics 84200 Economic Development II


Faculty Members and Areas of Research Interest

Karna Basu (Hunter), Behavioral Economics and Development
Peter Chow (City), International Trade, Economic Development
Jonathan Conning (Hunter), Development Economics, Applied Microeconomic Theory, International Trade
Partha Deb (Hunter), Health Economics, Econometrics
Nadia Doytch (Brooklyn), International Finance and Trade, Economic Development, Environmental Economics and Sustainability 
Zadia Feliciano (Queens), Labor Economics, International Economics, Economic History
Tim Goodspeed (Hunter), Public Finance
Peter Gutmann (Baruch), Macroeconomics, Public Policy
Francesc Ortega (Queens), International Trade, Migration, Immigration 
Sangeeta Pratap (Hunter), Macroeconomics, International Economics, Economic Development​
Carl Riskin (Queens), Environmental Economics, Economic Development
Yochanan Shachmurove (City), Applied Econometrics, International Economics, Entrepreneurial Finance
Merih Uctum (Brooklyn), International Macroeconomics, International Finance, Financial Development
Wim Vijverberg (Graduate Center), Labor Economics, Econometrics, Development Economics, Small Enterprises, Small-scale Enterprises and the Investment Climate, Self-employment vs. Wage Employment, Earnings Risk, Panel Econometrics in the Context of Labor Economics Data, Education and Labor Market Entry, Spatial Econometrics
George Vachadze (CSI), Financial Economics, International Economics, Economics Development and Growth​
Liuren Wu (Baruch), Financial Economics, Monetary Economics, International Trade and Economics, Theoretical and Empirical Asset Pricing, Option Pricing, Term Structure Modeling, Credit Risk, Market Microstructure​

Emeritus Professors: 
Harvey Gram (Queens College), International Economics, Capital Theory, History of Economic Thought


Last updated: May 2, 2019