International Economics (IECO)

Overview

In the International Economics (IECO) major, students receive rigorous training in economic analysis and quantitative methods. Through the core economics courses and courses on international trade, international finance, economic development, and globalization, students acquire the skills required to understand markets, to understand economic relationships among countries, and to evaluate the effects of policy on the economic welfare of individuals, firms, and countries.

This ability is essential to understanding the economic forces at work in the world and making sound decisions in the face of them. All students are expected to master the theoretical and empirical tools necessary to conduct such analysis.

Qatar and other Gulf countries are becoming more important in the global economy. As this trend continues, the demand for skilled economists in the public and private sectors will increase. The international economics major provides students with strong analytical and quantitative skills that distinguish them on the job market and among applicants to graduate and professional schools.

IECO Major Requirements

Non-transfer students who matriculated starting August 2018 follow the 2018-19 curriculum.  Transfer students who matriculated in August 2018 and students who matriculated before fall 2018 follow the 2017-18 IECO Major requirements. 

2018-19 International Economics (IECO) Major Requirements​​​ Eight courses total for the major, with three additional courses (ECON 243, ECON 244 and MATH 035) required for entry to the major.  Either ECON 243 or 244 can also satisfy the third core curriculum economics course. 

Courses required for entry to IECO major:

  • MATH-035 Calculus I (Spring Year 1 or Year 2)
  • ECON-243 International Trade (Fall Year 2)
  • ECON-244 International Finance (Spring Year 2)

IECO Major Courses (4 courses)

  • ECON 101 Intermediate Microeconomics (Fall Year 3)
  • ECON 102 Intermediate Macroeconomics (Spring Year 3)
  • ECON 121 Economics Statistics (Fall Year 3)
  • ECON 122 Introduction to Econometrics (Spring Year 3)

Applied Courses (3 courses)

  • Three courses from the IECO applied course list. At least 1 course (3 credits) must be in an approved 400-level ECON course carrying the IECO applied course attribute.

Senior Seminar (1 course)

  • IECO-400 Research Project Design or a 400-level IECO seminar course that has a term paper requirement. (Year 4)

2017-18 International Economics (IECO) Major Requirements (Ten courses total for the major, with one additional course required for entry to the major.)

Course required for entry to IECO major

  • MATH-035 Calculus I (Spring Year 1 or Year 2)

IECO Major Courses (4 courses)

  • ECON 101 Intermediate Microeconomics (Fall Year 3)
  • ECON 102 Intermediate Macroeconomics (Spring Year 3)
  • ECON 121 Economics Statistics (Fall Year 3)
  • ECON 122 Introduction to Econometrics (Spring Year 3)

Elective Courses (4 courses)

  • Four courses, one of which must be 400-level applied economics courses

Senior Seminars (2 courses)

  • IECO 400 Research Project Design (Fall Year 4)
  • IECO 401 Senior Seminar (Spring Year 4)

Sample Courses

GU-Q offers a variety of courses that fulfill the requirements of the IECO major.

Below are some recently offered elective courses:

  • ECON 211: Economic Development
  • ECON 342: Multinational Corporations
  • ECON 384: Topics in International Economics
  • ECON 387: Money and Banking
  • ECON 411: Economics/Strategy of Sport
  • ECON 431: Industrial Organization

How to Declare

During the first semester of their sophomore year, students meet with their academic advisor to declare their major. When declaring a major, sophomores prepare a declaration proposal outlining the reasons why they are pursuing one of the majors offered at GU-Q, including how the intended major coincides with their academic interests and possible career goals.

Frequent Questions

 

Students who elect this major often pursue careers in finance, consulting, law, management, media, international development, international organizations, research institutes, government, non-profit organizations, and academia.

 

 

All prospective IECO students must pass Calculus I to be admitted into the IECO major. The skills mastered in Calculus I will form the basis upon which students will learn to conduct innovative, well-informed, rigorous, quantitative analyses of all aspects of the world economy.

 

One cannot pursue Honors and a Certificate simultaneously, given the heavy workload. If the student insists to do both, he or she MUST complete the Certificate thesis in the junior year. The deadline for submitting the certificate thesis in its approved form would be the first day of classes in the student’s senior year.