Dual Degree in Economics + International Relations - Study Plan

Drive economic transformation at a global scale
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A Unique Dual Degree in Economics & International Relations

The study plan for the Dual Degree in Economics & International Relations at IE University has been designed with the prestigious academic experience at its core, our academic faculty’s expert knowledge and research in each area, and the linkages between the University and the professional world.

The Dual Degree in Economics & International Relations aims to teach young ambitious individuals to build the proper skill set to become professionals capable of facing real-world challenges.

Through our hands-on teaching methodology, students from the Dual Degree in Economics & International Relations will find the perfect ideal balance between what is studied throughout their degree and the projects that are applied based on real-world scenarios.

This will aid them to develop profiles that are able to adapt to new trends happening now in the 21st century.
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Liquid Learning at IE University

In this new reality, we understand it’s not always possible to attend class in person. That’s why we developed our Liquid Learning approach, which seamlessly adapts to individual needs and provides equal access to world-class education—whether on campus or online wherever you are.

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STUDY PLAN

Year 1

1st semester

Courses
Type
ECTS
MATHEMATICS FOR ECONOMISTS
Type Core
ECTS 6
FOUNDATIONS OF MICROECONOMICS (BIE) /MICROECONOMICS (BIR)
Type Core
ECTS 6
FOUNDATIONS OF MACROECONOMICS (BIE)/MACROECONOMICS (BIR)
Type Core
ECTS 6
HISTORY OF INT. RELATIONS UPTO 1945: HISTORY OF INT. RELATIONS /ECONOMIC HISTORY
Type Core
ECTS 6
IMPACT WRITING LAB
Type Mandatory
ECTS 3
PROGRAMMING FOR ECONOMISTS I
Type Mandatory
ECTS 3
UNPLUGGED I- The economic dimension of the Agenda 2030
Type Mandatory
ECTS 3
LANGUAGES NI
Type Mandatory
ECTS 3

2nd semester

Courses
Type
ECTS
PROBABILITY & STATISTICS (BIE)/RESEARCH METHODS IN IR (BIR)
Type Core
ECTS 6
DEVELOPMENT AND GROWTH ECONOMICS
Type Core
ECTS 6
GAME THEORY
Type Core
ECTS 6
POLITICAL THEORY
Type Mandatory
ECTS 6
HISTORY OF INT. REL. SINCE 1945: CONTEMPORARY GLOBAL ISSUES
Type Core
ECTS 6
LANGUAGES NII
Type Mandatory
ECTS 3
RESEARCH METHODS
Type Mandatory
ECTS 3

Year 2

1st semester

Courses
Type
ECTS
ECONOMETRICS
Type Core
ECTS 6
FINANCIAL ECONOMICS & ACCOUNTING
Type Mandatory
ECTS 6
INTRODUCTION TO POLITICAL SCIENCE
Type Core
ECTS 6
LANGUAGES NIII
Type Mandatory
ECTS 3
INTERNATIONAL TRADE AND MONETARY SYSTEM (BIE) / INTERNATIONAL TRADE AND FINANCE (BIR)
Type Core
ECTS 6
UNPLUGGED II- Sustainable finance
Type Mandatory
ECTS 3
Technology - IE Module
Type Mandatory
ECTS 6

2nd semester

Courses
Type
ECTS
BEHAVIORAL ECONOMICS, FINANCE & DECISION-MAKING
Type Mandatory
ECTS 6
DATA SCIENCE FOR ECONOMISTS (BIE) / Unplugged: DATA VISUALIZATION (BIR)
Type Mandatory
ECTS 3
MARKET, AUCTION AND CONTRACT DESIGN
Type Mandatory
ECTS 3
ECONOMIC REPORTING LAB
Type Mandatory
ECTS 3
LANGUAGES NIV
Type Mandatory
ECTS 3
CORPORATE FINANCE
Type Mandatory
ECTS 6
PROGRAMING FOR ECONOMISTS II
Type Mandatory
ECTS 3
Econometrics II: Identification & Time-series
Type Mandatory
ECTS 3
CAPITAL MARKETS
Type Mandatory
ECTS 3
ENTREPRENEURSHIP- IE MODULE
Type Mandatory
ECTS 6

Year 3

1st semester

Courses
Type
ECTS
INTERNATIONAL RELATIONS THEORY
Type Core
ECTS 6
PUBLIC OPINION AND POLITICAL COMMUNICATION
Type Core
ECTS 6
PUBLIC ECONOMICS
Type Core
ECTS 6
COMPARATIVE POLITICS
Type Core
ECTS 6
LANGUAGES NV
Type Mandatory
ECTS 3
UNPLUGGED III: Negotiation and Multilateral diplomacy
Type Mandatory
ECTS 3
IE CHALLENGE
Type Mandatory
ECTS 6

2nd Semester

Courses
Type
ECTS
LANGUAGES NVI
Type Mandatory
ECTS 3
CLIMATE CHANGE AND ENVIRONMENTAL POLITICS
Type Mandatory
ECTS 3
THE EUROPEAN UNION
Type Mandatory
ECTS 3
AID, DEVELOPMENT AND SOCIAL ENTREPRENEURSHIP
Type Core
ECTS 6
INTERNATIONAL LAW
Type Mandatory
ECTS 6
INTERNATIONAL POLITICAL ECONOMY
Type Mandatory
ECTS 6
ECONOMIC MODELING & SIMULATION
Type Mandatory
ECTS 3
PEACE AND CONFLICT RESOLUTION
Type Mandatory
ECTS 6
HUMAN RIGHTS & SOCIAL INCLUSION
Type Mandatory
ECTS 3

Year 4

1st semester

Courses
Type
ECTS
ECONOMIC NUDGING AND POLICY DESIGN
Type Mandatory
ECTS 6
ECONOMICS OF WELLBEING
Type Mandatory
ECTS 3
NEW ECONOMY: DIGITAL, ECOSYSTEMS & PLATFORMS (BIE) / NEW ECONOMICS (BIR)
Type Mandatory
ECTS 6
TOPICS IN FOREIGN POLICY
Type Mandatory
ECTS 6
INSTITUTIONAL ECONOMICS
Type Mandatory
ECTS 6
ECONOMICS OF INNOVATION AND TECHNOLOGICAL CHANGE
Type Mandatory
ECTS 3
LABOR ECONOMICS, DIGITALIZATION, AND AI
Type Mandatory
ECTS 3
UNPLUGGED IV:Policy trends for global transformation
Type Mandatory
ECTS 3

2nd semester

Courses
Type
ECTS
IE Humanities- IE Module
Type Mandatory
ECTS 6
Electives/Study Abroad/ Curricular Internship
Type Electives
ECTS 24

Year 5

1st semester

Courses
Type
ECTS
Machine Learning & Analytics for Economists
Type Mandatory
ECTS 3
INDUSTRIAL ORGANIZATION AND STRATEGY / MANAGEMENT OF THE MULTINATIONAL CORPORATION
Type Mandatory
ECTS 6
EXPERIMENTAL ECONOMICS
Type Mandatory
ECTS 3
GLOBAL GOVERNANCE AND INTERNATIONAL INSTITUTIONS
Type Mandatory
ECTS 6
BLOCKCHAIN AND CRYPTOCURRENCY
Type Mandatory
ECTS 3
Economic Research: Consumers & Markets
Type Mandatory
ECTS 6
Economic Research: Regions & Industries
Type Mandatory
ECTS 6
UNPLUGGED V- Partnership and Co-Creation
Type Mandatory
ECTS 3

2nd semester

Courses
Type
ECTS
PROJECT MANAGEMENT
Type Mandatory
ECTS 6
Final Project
Type Final Project
ECTS 12
Final Project
Type Final Project
ECTS 12
Components
Credits
Core courses
99
Mandatory courses
210
Elective courses
24
Final project
24
Credits needed to graduate
357

Note: This study plan may be subject to change.

Contact the Admissions Department for details and updates

STUDY PLAN

FIRST YEAR

A global economist looks at the world of economics from a global perspective. They study economic trends and international relations affecting all countries and regions, rather than just their own county or region. In this first year, students will step into the shoes of global economists, learning the fundamentals of economics, programming, the history of International Relations, and the basis of both disciplines.

SECOND YEAR

International organizations and corporations require a financial economist to help them obtain the funds needed for short- and long-term investments, operational requirements, corporate reorganization initiatives, and expansion projects using data-driven solutions and technologies. This year, students will gain the tools needed to view the world from a financial perspective. They will explore how capital markets work and discover the current financial trends in cryptocurrency, fintech, and new digital platforms. Students will also analyze how finance plays a role in international relations. Lastly, students will acquire the practical skills to analyze, model, and visualize data and economics using the latest data analysis technologies.

THIRD YEAR

A global economist requires the knowledge and skills to engage in negotiations that define economic changes in society, both at the national and international level. To do that, in the third year of the program, students explore political theories, political economy, and international law, and learn how to negotiate conflicts, climate change agreements, and social and development projects. Students will gain confidence in discussing the political economy of international institutions like the European Union or the foreign policy of different countries.

FOURTH YEAR

A global policy and digital economist should find data-driven solutions to public policy challenges based on robust evidence, expert insights, and data analysis. Students will learn not only the fundamentals of macroeconomics, fiscal and monetary policy, the economics of globalization, social insurance, and public investment, but also more advanced topics like labor economics, institutional economics, or the economics of wellbeing. Furthermore, students will learn about the new digital economy, ecosystems, and platforms, as well as the policies needed to incorporate new technological changes and innovation in the digital era. During the second semester, students will be able to take part in an exchange with various universities around the globe, taking the electives of their choice.

FIFTH YEAR

Finally, a global economist is not only focused on research and analysis, but also on managing international economic projects with multinational corporations, organizations, or development banks. Students will acquire the skills and knowledge to become efficient managers in these contexts and environments. They will become familiar with the latest technologies in machine learning, AI, programming, and economic analysis, ensuring they are fully prepared to hit the ground running in their future roles.