Master of Arts in Political Economy and Development

The M.A. in Political Economy of Money and Development is a 12- to 15-month, full-time, course-based, intensive program. Students will acquire skills of theoretical and practical relevance in three areas: new and changing views of macroeconomic policy management, state-of-the-art tools of political, economic and ¬financial analysis, and the changing role of developing and emerging economies in the global economy.

Graduates from this program will gain the knowledge, skills and competencies for a career in education, banking, finance, central banking, international organizations, think tanks, NGOs, development banks, public administration, or government organizations in developing countries. The program is also an excellent preparation for further research work including a Ph.D. program.

The Department of Economics and Finance at Franklin has a tradition of teaching economics by encouraging diversity of thought, underscoring the relevance of the history of ideas and connecting what is learned in classes with the real world. This Master’s program draws from the broad spectrum of economic analysis and policy in the post-crisis, post-Lehman world.

Special focus of this program is on the foundations of bank and central bank operations with their consequence for macroeconomic policies, quantitative finance as a means to explore the political economy of money and markets, new forms of dualism and the role of informal employment in developing and emerging economies.

Curriculum

The M.A. program consists of six courses (4 credits each) and two intense modules and culminates in a mentored research project.

ECN 515The Government of Money

4

ECN 520Games and Contracts

4

ECN 530Development Economics

4

ECN 540Special Topics

4

ECN 550Financial Analysis

4

ECN 560Political Economy of Capitalism and Inequality

4

ECN 570Economic Policies in the Post-Crisis World

4

ECN 580Special Topics

4