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Political Economy and Development (PED)

"This photo was taken in Downtown Calgary, Canada, during my PICS-funded Arctic Internship Fellowship," Maggie Chu, BA International Studies ‘14

In this sub-plan, students take courses that help them reason about the global economy and about comparing the political economies of nation-states and regions. Among the topics covered are international economics, political and economic development, regulation of economies, international trade, political contestation over economics, government budgeting, comparative labor economics, and political-economic history.

Prerequisite: ECON 101 (Grade of C or better)

Language Requirement: Sixth term proficiency.

Core Courses (7 credits):

  • INTLSTD 301: Topics in International Studies
  • INTLSTD 401: International Studies Advanced Seminar

Research Methods Course (3 credits): One research methods course chosen from the following list:

  • ECON 401: Intermediate Microeconomic Theory
  • ECON 451: Intermediate Introduction to Statistics and Econometrics
  • POLSCI 300: Quantitative Empirical Methods of Political Science
  • POLSCI 391: Introduction to Modeling Political Processes
  • POLSCI 490: Game Theory and Formal Models
  • SOC 210: Elementary Statistics
  • STATS 206: Introduction to Data Science (NEW)
  • STATS 250: Introduction to Statistics and Data Analysis
  • STATS 280: Honors Introduction to Statistics and Data Analysis

Note: Completion of the Methods requirement is recommended prior to enrolling in INTLSTD 301.

Regional Course (3 credits): One geographic emphasis course devoted to a single world region or country that is related to foreign language of study.

PED Courses (12 credits): Four courses, chosen from an approved list, to gain knowledge in sub-plan area.

  • At least one course must be an ECON course on approved sub-plan list. (Note: these courses may have additional prerequisites.)
  • At least one course must be at the 400 level.
  • Must include at least two academic subjects.

Note: Approved sub-plan course lists may be found on the PICS Courses page.

Three electives (9 credits): The electives are designed to allow students to further personalize their major. Students will elect three advanced courses which will be expected to build upon the theme of their sub-plans. The selected courses should thus contribute to the coherence of the student’s overall concentration. Students may select additional sub-plan, regional, or relevant study abroad courses, however there is no preapproved list of electives. Because there is no preapproved list, students must seek and obtain the approval of elective courses—on a course-by-course basis — from a PICS advisor. It is strongly advised that this approval be obtained before taking the class.