Trade Policy and Global Economic Governance

Integration in a globalizing economy can be a path to economic success. But for many countries the political adjustment has not been easy and the promises of equity have yet to follow. The challenges of managing trade, once the exclusive province of national governments, are an increasing and necessary interest of state and local governments as well. Trade can be nurtured, sometimes by governments, and more often by NGOs, to deliver a wider distribution of benefits, access for non-traditional participants, as well as more protection for the planet.

Students seeking to concentrate in this program will learn about the nuts and bolts of international trade and commerce, drawing on the School's resources as well as the resources of our sister school, the Zicklin School of Business, which is the largest collegiate business school in the nation with over 12,000 students.

Students will study the treaty relationships, including the history of efforts to develop free trade agreements, and government policies that shape trading environments -- and either advance or hinder related goals such as public health, environmental regulation, worker safety, and family integrity. They will examine tools such as micro-finance, insourcing, crowd funding and other approaches to ensuring wide access to the opportunities and benefits of trade. Potential employers for graduates from this concentration would include INGOs, the US government, international businesses, local governments seeking economic opportunity abroad, ports and regional transportation consortia, power companies, among others.

Master of International Affairs (42 credits, 45 if internship required)

Core (30 credits, 33 credits if internship required)

The course provides an overview of the competing theories of economic development and growth, highlighting the importance of fundamental factors related to culture, geography, and institutions in shaping the prosperity of nations today. Students will learn about the challenges faced by governments, international organizations, and NGOs in addressing poverty and global income inequality, and the related approaches (successful and unsuccessful) taken.
Prerequisite: PAF 9415 or PAF 9130 and PAF 9170

Master Methods

PAF 9180 Policy Analysis

Overview of the use of analytic techniques in solving public sector problems and designing government programs. Topics include agenda setting, approaches to problem solving, the role of values in policy making and policy analysis, policy-relevant data collection and analysis, principles of benefit-cost analysis, techniques of policy analysis (e.g., queuing, simulations, formal modeling), strategies for policy adoption and implementation, and the politics of policy analysis.

PAF 9140 Budgeting and Financial Analysis I

This course focuses on the budget cycle and budget decision-making. It includes tools for developing, implementing, and controlling a budget within a, typically, public organization. Topics include development of operating budgets, cash budgets, break-even analysis, cost behavior, the time value of money, capital budgeting, long-term financing, and variance analysis. Basic budget accounting concepts are studied. The course includes development of spreadsheet skills for budgeting.
Prerequisite: Spreadsheet knowledge strongly recommended.

PAF 9170 Research and Analysis I

The first course in a two-course sequence (the second course is PAF 9172) that provides an introduction to research and analytical methods as applied to public policy and management. Students will develop expertise as consumers of research findings and learn methods for designing and conducting research. This first course provides an introduction to data analysis and statistical inference, with an emphasis on policy and management applications. Topics include graphing and numerical summaries, normal distributions, descriptive correlation and regression, basic probability and sampling distributions, confidence intervals, significance tests, chi-square tests, and inference for regression. Students learn these techniques through hands-on work with real data and statistical software.
Prerequisite: Not open to students who have received credit for PAF 9317.

PAF 9172 Research and Analysis II

The second course in a two-course sequence (the first course is PAF 9170) that provides an introduction to research and analytical methods as applied to public policy and management. Students will develop expertise as consumers of research findings and learn basic methods for designing and conducting research. Topics include the use of theory or models, identifying causes, experiments and quasi-experiments, the logic of control variables and the interpretation of multiple regression, measurement concepts and methods, qualitative methods, and complex sampling. The emphasis is on learning these ideas through practice with many different examples of real-world research and empirical evidence.
Prerequisite: PAF 9170 or permission of instructor.

Know the World

PAF 9184 International Institutions and Global Governance

In a world of globalization and global threats—financial contagion, terrorism, proliferation, climate change, health crises—this course examines the role of international institutions and norms and asks whether they can make the world a safer, more just place. Why did states create global institutions—and why in these forms? How does their structure limit or reinforce their ability to address problems? How do norms develop and change? What is the role of NGOs and of multinational corporations? How must the system adapt to new actors and challenges?

PAF 9415 International Economics

This course introduces students to the basic micro- and macro-economic principles that underlie international economic relations. Students will gain an understanding of international trade and finance and the effects of various international economic policies on domestic and world economic well-being. [The course is not open to students who have completed PAF 9130 or ECO 9704.]

PAF 9410 Global Economic Governance

In the absence of global government, global economic governance organizations have emerged to coordinate, monitor, manage, and direct the economic and monetary activities of states and firms. This course will introduce students to the agreements and predominant institutions that compose global economic governance regimes, including the World Bank, International Monetary Fund, and World Trade Organization. It will examine organizational and voting structures, rules for legitimate state and non-state participants, compliance mechanisms, and agenda setting.

Connect

PAF 9420 Global Communication

In this class students will apply a comparative perspective to the communicative conditions that prevail in countries across the world, from everyday cultural practices (e.g. diplomatic ways of communicating in various societies) to organizational and policy considerations (e.g. free speech protections or restrictions). Students will sharpen their professional communication skills by speaking and writing on topics addressing issues of policy and administration in global contexts.

PAF 9181 Comparative Public Policy and Administration

This course focuses on international variations in public affairs through a comparative analysis of the factors that drive policymaking and determine the configuration of the public and nonprofit sectors around the globe. The course provides students with a basic toolbox of theories and methodologies needed to conduct comparative analyses of public policies and governance systems.

PAF 9190 Public Affairs Capstone Seminar

Advanced seminar in which students produce a semester project drawing from the full course of study toward the Masters of Public Administration. The project may involve policy research, intensive study of an organization, development of a rationale for new or changed service programs, or some combination of these. Special attention is placed on incorporating knowledge from the core curriculum.
Prerequisite: PAF 9100, PAF 9103, PAF 9120, PAF 9130, PAF 9140, PAF 9170 and PAF 9172

Internship

PAF 9195 Public Affairs Internship (required if less than 1 year of relevant international work experience)

This course provides students with real-world administrative experience in a public or nonprofit organization. The work assignment requires 150 hours. Class sessions are determined by the instructor. The course is graded on a pass/no-credit basis. The internship pass/no-credit selection does not preclude the completion of another MIA elective course for pass/no-credit. PAF 9195 may be repeated, but only with the permission of the instructor and the Associate Dean of the School of Public Affairs. It is not open to students who have completed PAF 9191, PAF 9192, or PAF 9322. Prerequisite: Instructor permission.

Trade Policy and Global Governance (12 credits)

Required (6 Credits)

PAF 9440 Trade Policy

This course focuses on the processes by which domestic and international actors shape trade policy. Protectionist, mercantilist, economic nationalist and liberalist policies are addressed in the context of the international economy. Students will study trade law and the obligations and privileges established by treaty relationships. The role of the World Trade Organization and the significance of regional trade agreements will be discussed.
Prerequisite: PAF 9415 or PAF 9130 or ECO 9704

PAF 9450 International Development

Electives (6 credits)

PAF 9445 International Political Economy

This course analyzes the role that government plays in shaping production, investment, consumption and allocation of resources through domestic economic policy as it interacts with other states and international institutions. Students will learn about important theories of international political economy including liberalism, realism and Marxism and become familiar with the role and history of the major institutions that have been created by states to organize international economic relations. The course also addresses the way international economic policy impacts broader social forces and tries to manage the participation of civil society in formulating policy. Prerequisite: PAF 9415 or PAF 9130 or ECO 9704 and PAF 9410

PAF 9455 International Regulatory Policy

The course will address competitive regulatory regimes, through which governments seek to attract human capital, taxpayers, industries and jobs; the policy areas which governments alter to compose those regimes, including tax, trade, property rights, social welfare and research policy; and how the areas which are subject to increasing international cooperation, intellectual property rights, accounting practices, movement of persons, and food safety, privilege the participation of different actors in formulating regulatory standards.
Prerequisite: PAF 9415 or PAF 9130

PAF 9425 Western Hemisphere Affairs: Past, Present and Future

This course will examine the contemporary policy agenda for political, economic, and social relations among countries in the Western Hemisphere. Among the contemporary cases under study will be: trade and regional economic integration; foreign investment and finance; energy; the environment; security and regional diplomacy; transnational migration; drug trafficking; and democratization and human rights.

PAF 9104 Media, Politics and Public Culture

This course identifies how the media advances or limits democratic values. Students will examine how policy leaders work with media systems to influence public opinion, and the domestic and global policies that shape media diversity. The course also covers the ways individuals and groups monitor, preserve, or challenge the power of the media.

PAF 9182 Development Administration

Introduction to the social, economic, political, and technological constraints, requisites, and institutions used in development programs both national and transnational.

PAF 9119 Organization Theory

Study and application of theories of organization, with special emphasis on public organizations. Topics include bureaucracy and the nature of organizations, organization environment, interface, organization goals, authority and power in organizations, communications, participation, and problems of alienation.

IBS 9761 Emerging Markets and the International Business Environment

The rise of emerging markets is changing the world of international business and raises distinctive challenges and opportunities for companies. This course addresses these changes from the perspective of foreign firms entering emerging markets, therefore examining the distinctive business environments of emerging markets and analyzing the strategic options for responding to these effectively. Also, this course considers firms originating in emerging markets, examining their nature, and their impact on the international business environment and on international competition. Differences between emerging markets are explored, with an emphasis on understanding how political systems, market size, and resource availability influence the types of opportunities available.

IBS 9767 Global Firms, Cultures, and Governments

This course develops an understanding of how global markets are simultaneously interconnected and separated by differences in culture, economics, and governments. With the aid of case studies, discussions, and group projects, students will gain insights into these different forces and how they impact global business. These topics will be examined from regional and major country perspectives, reflecting current global business and economic trends.

CIS 9230 Globalization and Technology

This course is relevant to managers in all disciplines who will face technological decisions in a global business environment. This course will focus on Information and Communication Technology (ICT) environments around the world, national infrastructures and regulatory regimes, global IT applications, global IS development strategies, global supply chains, offshore outsourcing, global management support systems, and global IS/IT strategies. The course will provide an in-depth understanding of managing information resources across national borders, time zones, cultures, political philosophies, regulatory regimes, and economic infrastructures. This is an interdisciplinary course covering multiple perspectives addressing technical, socio-economic, socio-cultural, policy, regulatory, legal, and ethical issues.

MKT 9739 Global Advertising and Marketing Communication

This course provides a framework for understanding how global advertising and marketing communications (public relations, promotions, events, sponsorship, etc.) campaigns are developed and how they succeed and fail in today's highly competitive and rapidly changing world. It will cover areas such as account planning, market research, consumer insight, branding, positioning, segmentation, creative development and media. Secondarily, it addresses the global environment ranging from developed to developing markets and what makes them unique as well as similar in terms of cultural, social, consumer and other factors.
Prerequisite or corequisite: MKT 9703.

MKT 9764 Internet Marketing and Global Business

This course focuses on understanding:

  • how information technology has created a fertile ground for the emergence of commerce on the Internet
  • what institutional parameters are required to form an efficient market for commerce on the Internet to flourish
  • how firms are using the new medium/market to reconstruct their value chain and create/sustain competitive advantage
  • how the new electronic medium will affect key international dimensions of trade, foreign direct investment, and alliance formation.

LAW 9740 International Trade and Investment Law

This course is designed to introduce the student to the legal issues affecting business in a global economy. The first segment of the course deals with international transactions in goods and covers allocation of risks in international trade, documentary sales, bills of exchange, and letters of credit. The second segment addresses "jurisdiction to prescribe," the question of what country's (substantive) law applies to conduct abroad that has an effect within its borders. The third segment, "jurisdiction to adjudicate," includes the competence of courts, international arbitration, and enforcement of foreign money judgments. The fourth segment covers the treaties and laws that address the international trading systems, i.e., GATT, the U. S. Trade Act, free-trade agreements, the EEC, and the IMF. The final segment, "Act of State and Foreign Sovereign Immunity," deals with the special risks of doing business abroad and with foreign governments, specifically addressing problems of nationalization and expropriation.

PAF 9430 Diaspora, Migration and Transnational Life in the Western Hemisphere and Beyond

This course will examine the contemporary policy agenda for political, economic, and social relations among countries in the Western Hemisphere. Among the contemporary cases under study will be: trade and regional economic integration; foreign investment and finance; energy; the environment; security and regional diplomacy; transnational migration; drug trafficking; and democratization and human rights.

PAF 9199 Selected Topics in Public Affairs

Topic will vary from offering to offering.

PAF 9699 Selected Topics in Public Policy

Focuses on major substantive areas of public policy. Topics vary from offering to offering and could include such policy issues as transportation, environmental protection, housing and urban policy, urban development, health and labor.
Prerequisite: Grad 8 status or the permission of the Office of Graduate Admissions and Student Services. This course can be taken two times.

PAF 9299 Selected Topics in Nonprofit Management

The course focuses on major areas in nonprofit management. Topics vary from offering to offering. Prerequisite or corequisite: Grad 8 status or permission of the Office of Student Affairs and Graduate Admissions