The New School for Social Research Catalog 2010-11

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Affiliated Faculty David Gold, Core Faculty, Graduate Program in International Affairs at The New School Darrick Hamilton, Assistant Professor, Milano The New School for Management and Urban Policy David Howell, Professor, Milano The New School for Management and Urban Policy

Part-time Faculty Lucas Bernard, PhD, 2009, The New School for Social Research Paulo L. Dos Santos, PhD, 2006, University of Oxford Jamee Moudud, PhD, 1998, The New School for Social Research Arslan Razmi, PhD, 2004, American University

Graduate Study Abroad The economics department is also involved in student and faculty exchange programs with the University of Bremen (Germany), the University of Frankfurt (Germany), and the University of Siena (Italy).

• One finance course: GECO 6140 Financial Markets and Valuation GECO 6141 Principles of Financial Engineering GECO 6269 Financial Economics *Students may substitute GECO 6269 for GECO 6140 • One internship or mentored research course: GECO 6198 Internship (arranged with MA faculty advisor) or GECO 6993 Mentored Research • Three electives: The remaining three courses required for the MA in global political economy and finance can be chosen from the courses offered by the economics department or from courses in other departments that are approved by the MA faculty advisor.

MA in Economics The MA in economics provides the analytical skills of a master’s-level program in economics with the flexibility of a wide range of elective choices, allowing each candidate to shape an individual concentration. Concentrations in fields such as economics and finance, classical political economy, interdisciplinary political economy, urban economics, or development economics are possible.

DEGREE PROGRAMS IN ECONOMICS

A total of 30 credits is required for the MA in economics. A maximum of three credits may be transferred from other institutions. Students may apply for transfer credits after completing six credits at The New School for Social Research. All courses are for three credits.

MA in Global Political Economy and Finance

The requirements for the MA in economics comprise: a) four core courses; b) five elective courses, up to three of which can be taken in other departments of The New School for Social Research or at Milano The New School for Management and Urban Policy; and c) an internship or mentored research.

The MA in global political economy and finance provides students with a sophisticated understanding of the world economy in historical context, the political economic analysis of the dynamics of contemporary world capitalist society, and state-of-the-art tools of political economic and financial analysis. The program offers the training required to pursue advanced degrees in economics, finance, business, law, international relations, public policy, and related fields and provides students with the analytical and policy skills required for careers in the fields of finance, government, business, labor organization, and international development. In addition to offering a rigorous course of study in economic and statistical analysis, this program provides a thorough grounding in historical and contemporary political economy and finance, culminating in an internship or mentored research project. A flexible elective option allows for concentrations in classical political economy, international and development economics, financial economics, environmental economics, or the economics of labor markets and race, class, and gender. The MA in global political economy and finance consists of seven required courses and three electives, as listed below. There is no written exam for the MA in global political economy and finance, which will be awarded on completion of the required credits. • Three core courses: GECO 6190 Graduate Microeconomics GECO 6191 Graduate Macroeconomics GECO 6181* Graduate Econometrics With the agreement of the MA faculty advisor, candidates with a strong background in economics may substitute appropriate upper-level courses for these core requirements.

There is no written examination for the MA in economics, which will be awarded on completion of the required credits. • Four core courses: GECO 6190 Graduate Microeconomics GECO 6191 Graduate Macroeconomics GECO 5104 Historical Foundations of Political Economy I GECO 6181* Graduate Econometrics With the agreement of the MA faculty advisor, candidates with a strong background in economics may substitute appropriate upper-level courses for these core requirements. *GECO 6189, Mathematics for Economics, or the approval of the instructor is a prerequisite to GECO 6181. • Five electives Of the elective courses required for the MA in economics, two must be taken from the courses offered or cross-listed by the economics department, and three may be graduate-level courses offered by other departments of The New School for Social Research or at Milano The New School for Management and Urban Policy. The student’s faculty advisor must approve the elective program. Internship or Mentored Research • One internship or mentored research course: GECO 6198 Internship (arranged with MA faculty advisor) or GECO 6993 Mentored Research

*GECO 6189, Mathematics for Economics, or the approval of the instructor, is a prerequisite to GECO 6181. • Two political economy courses: GECO 5104 Historical Foundations of Political Economy I GECO 5108 World Political Economy

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