Emerging Markets Specialization

The purpose of this specialization is to provide students with frameworks and tools to analyze emerging market economies. Emerging markets are unique: They present a number of interesting policy questions, allowing a profound understanding of how politics and economics interrelate. Students who decide to pursue the Emerging Markets Specialization will gain an in-depth understanding of political economy issues, financial crises, development, and macroeconomic policies within a regional perspective. The policy expertise derived from the Emerging Markets Specialization is instrumental to jobs ranging from the financial sector, to international organizations, public service, and consultancy or advisory roles.

The Emerging Markets specialization requires the completion of courses in an Emerging Markets region and courses in the economics of Emerging Markets.

Regional Content Requirement

Students concentrating in one of the following Emerging Markets regional concentrations must complete ONE additional course from a different Emerging Market regional concentration.

Students pursuing any other policy or regional concentration must complete TWO courses total from from Emerging Markets regional concentrations (see list above).

Economics Content Requirement

Students must also complete TWO economics courses from the following list:

  • Asian Economic Development (SA.320.729)*
  • Case Studies in International Financial Transactions (SA.380.763)
  • Creating Markets in Infrastructure – Electricity and Beyond (SA.310.723)
  • Credit Markets and Credit Risk (SA.380.725)
  • Dynamics of Commodity Economics (SA.840.712)
  • Economic Development (SA.320.744)
  • Economic Development in Latin America (SA.810.796)*
  • Enterprise, Regulation and Development (SA.300.740)
  • Financial Crises, Emerging Markets and Policy Dilemmas (SA.810.727)
  • Financial Inclusion (SA.400.759)
  • Geoeconomic Strategy: Policy at the Nexus of Macroeconomics, Geopolitics and Financial Markets (SA.400.782)
  • Institutional Crises in Emerging Markets: The Case of Argentia (SA.810.728)
  • International Financial Markets (SA.380.722)
  • Introduction to Economic Growth & Development in Southeast Asia (SA.770.731)
  • Microeconomics of Development (SA.320.731)
  • Multinational Corporate Finance (SA.380.761)
  • Organization and Regulation of Infrastructure (SA.300.736)
  • Political Economies of Emerging Europe (SA.710.720)*
  • Public-Private Partnerships: Investing in Emerging Economies (SA.400.756)
  • Private Equity in Developing Countries (SA.380.778)
  • Regulation of International Financial Markets (SA.380.783)
  • Topics in Growth and Development (SA.320.735)
  • Venture Capital and Impact Investing in Emerging Markets (SA.400.724)

Courses with an asterisk (*) have been offered at SAIS Europe.

Note: Individual courses counting towards the EM specialization should meet either the economics content requirement or the regional content requirement. Students may not double count an individual class towards both the regional-content requirement and economics-content requirement.

If you have any questions or would like additional information, please contact Prof. Monica de Bolle (mdebolle@jhu.edu).


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