This course gives students a solid grounding in economics, and has a focus on international areas such as world trade, world economy, international monetary relations and the flow of trade and assets between countries. The course is built on the core principles of economics, which are applied to students’ study of international trade, international finance, and the international institutions supporting these systems. They receive a thorough training in economics and mathematics up to post-graduate level, as well as training in quantitative research methods.
Students study the mathematical and statistical analysis of economic problems, and how the global economy functions, choosing from a range of topics on international economics including:
- Models of international trade and the world trading system
- Foreign exchange markets
- The history of European overseas trading
- International financial organisations
- The impact of business decisions on products, prices, and social welfare
The Department is top 5 in the UK for research, with over 90% rated as “world-leading” or “internationally excellent”. Much of this world-class research is related to policy, and it has particular strengths in the areas of, game theory and strategic interactions, theoretical and applied econometrics and labor economics.
The quality of its work is reflected in its stream of publications in high-profile academic journals, including American Economic Review, Econometrica, and Review of Economic Studies.