Certificate in International Political Economy

28 Nobel Laureates in Economics • 8 Related Master’s Programs • Interdisciplinary Centers and Institutes

10 Weeks in Chicago • 2 Weeks in Spain • Earn a Full Quarter of Academic Credit

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Final Application Deadline: Monday, April 2, 2018
Language Requirement: TOEFL 104 or IELTS 7
Coordinator: Gus Mosse
Program Dates: September 24 – December 15, 2018
Program Tuition: $25,000
(includes tuition, course materials, accommodation and meals in Chicago and Madrid)
Quarter: Autumn


Students in the certificate program in International Political Economy will find the University of Chicago to be an interdisciplinary community of scholars that takes ideas seriously. Working closely with faculty at the forefront of political and economic research, students will be pushed to expand their capacities for research and analysis. They will be aided in these pursuits through access to the breadth of the University of Chicago’s robust interdisciplinary scene of centers and institutes, focused on global issues.

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Explore the latest hubs for groundbreaking collaboration in the social sciences



Foundation Courses

Intensive foundation courses will be offered at the CEU Universidad San Pablo campus in Madrid, Spain, taught by University of Chicago faculty.

Political Risk Analysis
From coups and revolutions, to mass protests and mass atrocities, the world is full of political events that have large consequences for a country’s society and economy. But these events do not happen everywhere and they can seem to arise without warning.  This course will introduce students to the concepts and science for determining when highly consequential political events – namely political violence and regime instability – will take place.
International Organizations
This course introduces students to the political economy of international organizations (IOs). We will enlist canonical theoretical arguments to explore what we gain and what we lose by studying the activities of IOs in one of three roles: (1) autonomous guardians of an imagined international society; (2) dependent agents of the most powerful states; and (3) open access platforms on which governments, corporations, and activist groups argue and bargain.
This course uses rigorous economic models to study various macroeconomic issues. The subjects are centered around policy: government's spending, tax, and distribution policy, central bank's monetary policy, and international trade and finance. To make the subject matters relevant and practical, students are strongly encouraged to read the Wall Street Journal and the Economist regularly to keep up with current events and controversies.

Students in classroom

Chicago Courses

After completing the foundation courses, students in the program will spend the autumn quarter at the University of Chicago. Courses in Global Relations will focus on policy studies while courses in Global Markets will emphasize the interplay of economic policies and events. Students will also select an elective course in the social sciences.

Global Relations

International Law
This course serves as an introduction to international law, which is the body of law that nation states have jointly created for the purpose of governing their relations. Students will gain an understanding of how formal and informal legal conventions shape how states and actors participate in a range of activities.
Politics of Globalization
Globalization has been taking place for centuries, but its impact has accelerated in recent decades. This class focuses on the political aspects of globalization recognizing that these often cannot be separated from economics.

Global Markets

Money and Banking
This course covers economic theories and topical issues in money and banking. We discuss such “traditional” topics as the quantity theory, the Phillips curve, and the money creation process. We also investigate models of bank runs and financial crises, the tradeoff between rules and discretion, and the New Macroeconomic Synthesis of New Classical. Other topics include New Keynesian approaches to modeling money and monetary policy, practical and institutional issues in European and U.S. monetary policy, and the 2008 financial crisis.
International Trade and Global Financial Markets
This course is designed to introduce participants to the concept of international trade and the institutional and policy contexts in which trade is transacted. International trade involves the exchange of goods and services across international boundaries or territories and it touches on multiple aspects of trade and supply chain management, as well as the financial markets that facilitate (or impede) trade.

Elective Course
Students will meet with an academic advisor to select a course in the social sciences.

New Seminar Offering for 2018

Mindful Leadership Workshop

Mindful Leadership Workshop

This brand new two-day workshop will focus on the connection between mindfulness and performance. Through exploring research-based concepts and practical applications, participants will be able to:

  • Assess current levels of mindfulness, interpersonal skills, leadership strengths, and core values.
  • Understand how researchers apply the scientific method to investigate these concepts.
  • Practice specific techniques to become more reflective and mindful of thoughts, emotions, and behaviors across contexts.

Academic Credits and Registration

UChicago campus with student riding bicycle. Students in the IPE program will be registered as full-time students at the University of Chicago. They receive 300 units of credit, which grants them full-time student status. Students who successfully complete all course requirements will be awarded a Certificate in International Political Economy and a transcript by the University of Chicago. Completion of the program will position students to apply for one of the University of Chicago’s several interdisciplinary master’s degree programs.


Participants in this program are housed in a contemporary apartment complex within easy commuting distance of the University of Chicago campus. Apartments come furnished with beds, furniture, and full size kitchens. Additional amenities include complimentary WiFi, multiple lounge areas, a fitness center, a computer center, bike storage, and free laundry facilities on every other floor. A University of Chicago Graduate Assistant will be housed at the residence with the students.

Program Faculty


Paul Poast

Paul Poast, Ph.D.
Assistant Professor in Political Science

Paul Poast, Ph.D.

Assistant Professor in Political Science

Paul Poast is an assistant professor in the Department of Political Science at the University of Chicago and a research affiliate of the Pearson Institute for the Study of Global Conflicts. He studies international relations, with a focus on international security. He is the author of two books, The Economics of War (McGraw Hill-Irwin, 2006), which was translated into French, Japanese, and Chinese, and Organizing Democracy (University of Chicago Press, forthcoming), which was published as part of the Chicago Series on International and Domestic Institutions. He has authored or co-authored academic papers in journals such as International Organization, World Politics, Political Analysis, the American Journal of Political Science, and the Journal of Conflict Resolution.

  • Political Risk Analysis
Matthias Staisch

Matthias Staisch, Ph.D.
Instructor and Postdoctoral Fellow,
Committee on International Relations

Matthias Staisch, Ph.D.

Instructor and Postdoctoral Fellow, Committee on International Relations

Matthias Staisch is Instructor and Postdoctoral Fellow in the Committee on International Relations at the University of Chicago. He holds a Ph.D. in Political Science from UChicago and M.A. degrees from UChicago and Eberhard Karls Universität Tübingen. His research focuses on the persistence of hierarchy among states and societies in an age when international institutions are supposed to no longer behave as conduits of imperial domination. In particular, Matthias theorizes the tragedy of multilateralism. In spite of its normative appeal, multilateralism's dual mandate of universal participation and reciprocal treatment has not been realized. He draws on network theory to develop a typology of imperialism, multilateralism, and leadership to explore how the growth of an order beyond just a few states affects the reciprocal rules underpinning it. Matthias reveals a structural logic by which states must choose between a reciprocal order among the few and a hierarchical order among the many. He teaches courses on international political economy, network theory, and methods of analytic narrative.

  • International Organizations
  • Politics of Globalization
Kruti Trivedi

Kruti Trivedi, J.D., A.B.
Assistant United States Attorney,
Northern District of Illinois

Kruti Trivedi, J.D., A.B.

Assistant United States Attorney, Northern District of Illinois

Kruti Trivedi is an assistant US attorney for the Northern District of Illinois, where she currently serves in the Securities and Commodities Fraud section. A federal prosecutor based in Chicago, Trivedi has investigated and prosecuted a wide array of crimes, ranging from complex frauds to corruption to violent crimes. Trivedi received a national Organized Crime and Drug Enforcement Task Force award for her work prosecuting a violent drug trafficking organization on Chicago's South Side. Trivedi has also received recognition from the Department of Justice for her work with victims. Prior to joining the Justice Department, Trivedi clerked for the Honorable David H. Coar in the Northern District of Illinois. She received an AB from the Woodrow Wilson School of Public and International Affairs at Princeton University and a JD from Harvard Law School. Trivedi also studied at the University of Melbourne, where she participated in a policy task force on human rights. For the last eight years, Trivedi has been a docent at Chicago's Museum of Contemporary Art.

  • International Law
Kotaro Yoshida

Kotaro Yoshida, Ph.D.
Lecturer in Economics and the College

Kotaro Yoshida, Ph.D.

Lecturer in Economics and the College

Kotaro Yoshida is a lecturer in the Economics Department and the College at the University of Chicago, where he has been teaching undergraduate students since 2012. After working for the Bank of Japan as a research analyst, he earned a Ph.D. in Economics from Duke University in 2006. His primary teaching and research interests are macroeconomics, money and banking, and finance. In his spare time he enjoys practicing kendo, the art of Japanese swordsmanship.

  • Macroeconomics
  • Money and Banking
Min Sok Lee

Min Sok Lee, Ph.D.
Lecturer in Economics and the College

Min Sok Lee, Ph.D.

Lecturer in Economics and the College

Dr. Lee is an instructor in the Department of Economics, teaching undergraduate courses in principles of microeconomics and intermediate microeconomics. His primary research interests are behavioral/experimental economics, the economics of education (in particular, early childhood education), and pedagogy (what are the characteristics of highly successful teaching in an undergraduate economics course?).

Before returning to academia, Dr. Lee spent 6 years leading the Kenneth and Anne Griffin Foundation, developing and implementing their philanthropic vision with over $15 million in investments made in early childhood education and K-12 education working in partnership with researchers from Harvard University and the University of Chicago.

Dr. Lee holds a B.A. in economics from the University of Cambridge (U.K.), and a Ph. D. from the University of Chicago. He has been a faculty member in the Department of Economics at the University of Chicago since 2015.

  • International Trade and Global Financial Markets