Global Economy

Message from
Chloe Demrovsky
Executive in Residence and interim Director of the Global Econmy Concentration

Dear Prospective Student,


Today’s fast-changing world is redefining the role of business, government, and civil society. Tremendous challenges related to climate change, inequality, populism, and technology necessitate public and private sector organizations to rethink their responsibilities and approaches.


As part of one of the world’s leading Global Affairs programs, the Global Economy concentration focuses on the critical role of business, economic growth, and human development in an uncertain world. It examines the latest global trends as well as in-depth research in areas such as global management, economics, international entrepreneurship, multi-sector partnerships, and purpose-driven business. 


Building upon the strong foundation of MS in Global Affairs core courses such as International Political Economy and International Relations, students in the Global Economy concentration can delve into courses such as Emerging Markets, Management and Leadership in Global Affairs, Entrepreneurship in a Globalized World, or Corporate Social Responsibility. All courses are structured to cover key theoretical frameworks and intriguing case studies to help capture current political, economic, and social events. The range of offerings exposes you to team-up with classmates from around the world and allows you to acquire the knowledge and skills that best match your career direction.


Our Global Field Intensives provide you with the opportunity to participate in study-away experiences, during which you have the chance to meet with entrepreneurs, government officials, or NGO representatives in particular countries. A written thesis allows you to examine a pertinent issue from a global, problem-solving perspective while working one-on-one with a senior faculty mentor. This is a unique opportunity to leverage the knowledge and experience of our faculty members who come from top institutions including multinational businesses, international organizations, central banks, and consulting companies.


The world, more than ever, needs people who can connect the dots between business, government, and society at large. This course equips you with the mindset, skills, and contacts needed to tackle complex global and local challenges, and excel in careers at international organizations, businesses, consulting firms, global financial institutions, and startup enterprises. 


We would be honored to welcome you to our vibrant community of rational optimists committed to being part of shaping a more inclusive, equitable, and prosperous world.


The Global Economy concentration provides a broad introduction to international business and finance, and offers in-depth examinations of emerging issues such as corporate power and social responsibility. Particular attention is paid to the challenges of economic globalization and interdependence, the issues and problems associated with economic growth, and the critical relationship between economic growth and human development. This concentration provides you with the skills  needed to excel in careers at consulting firms, global financial institutions, startups, and businesses seeking to advance corporate social responsibility. As a students enrolled in this concentration, you will be required to take the first course listed below. You can then select five concentration elective courses (three credits each) that are offered on a regular basis.


Concentration: Global Economy

From the gadgets we use, to the food we eat, to the clothes we wear - the Global Economy is everywhere and it never sleeps. While global trade and finance are not new phenomena, they have accelerated dramatically in the last thirty years with the advent of new technologies, adoption of free market policies, and creation of capital markets. Indeed, more commodities, goods, services, people, and capital flow across borders than ever before. But the Global Economy is not a static system; it is constantly evolving, reflecting a variety of social, political, and economic interactions. How is the global economy currently organized? What factors shape it? Who are the major stakeholders? The Global Economy concentration focuses on these important questions and more. Students will learn to analyze the opportunities and challenges of economic globalization and interdependence, as well as to understand the roles of key participants - from governments and supranational organizations, to corporations, banks, NGOs, and other non-state actors, to individual workers and investors. This concentration is an excellent foundation for careers in the private sector (e.g. consulting, finance, multinational corporations, startups), public sector (e.g. central banks, development banks, commerce departments), as well as NGOs and social enterprises. Students in the Global Economy concentration are required to take the first course listed below. Students must then select five concentration elective courses (3 credits each) that are offered on a regular basis.