Master of Science in International and Development Economics (MSIDE)

Master of Science in International and Development Economics (MSIDE)

Validated, Quality Assured And Degree Awarded By EIU-PARIS

The Master of Science in International and Development Economics is an advanced interdisciplinary program designed to equip students with a strong theoretical foundation and analytical tools to address complex global economic challenges. This program blends core principles of microeconomics, macroeconomics, trade theory, development policy, public finance, environmental sustainability, labor dynamics, and institutional analysis.

Structured around contemporary global issues, the curriculum integrates rigorous economic modeling with applied policy discussions, making it highly relevant for economists, policy analysts, development practitioners, and researchers. Emphasis is placed on real-world problem solving, quantitative reasoning, and the formulation of evidence-based strategies in both international and development contexts.

Students will engage with critical economic debates such as global inequality, sustainable development, climate change, international trade policies, labor migration, institutional governance, and poverty reduction strategies. Graduates will be prepared to work across academia, international organizations, development agencies, governments, and financial institutions.

By the end of this program, students will be able to:

1. Develop a rigorous understanding of microeconomic and macroeconomic theories relevant to international and developmental contexts.

2. Analyze the structure, functioning, and outcomes of global trade systems and assess their implications for national development and welfare.

3. Apply economic theories and models to evaluate development challenges, including poverty, inequality, labor market dynamics, and structural transformation.

4. Critically assess fiscal and monetary policies in both developed and developing economies, with an emphasis on growth, stability, and redistribution.

5. Design and evaluate public policy instruments aimed at promoting social welfare, equity, and sustainable economic development.

6. Understand and interpret the role of institutions, governance, and political economy in shaping long-term economic performance.

7. Investigate the intersection between environmental sustainability and economic development, with a focus on climate change economics and resource use.

8. Conduct independent economic research using qualitative and quantitative techniques, including econometrics and applied policy analysis.

9. Engage with global economic debates and policy dialogues, drawing on theoretical insights and empirical evidence.

10. Prepare for advanced professional roles or doctoral research in international organizations, development agencies, public sector institutions, and academia.

Entry Requirements:

  • Recognized Bachelor Degree in any field or Recognized Post Graduate Diploma (PGD) 
  • Sufficient English language proficiency.
  • At least 1 year of working experience.
  • Participants must have the facility of smart phone or laptop or computer to maintain the program activity.
     

Mature Entry Route (done on case-by-case evaluation basis only):

  • Candidates without any prior tertiary education and qualification should possess at least 10 years of professional working experience in the field of Business, Management, or related areas of work.
  • Candidates  who have completed HND Level 4 (Diploma) should possess at least 7 years of professional working experience in the field of Business, Management, or related areas of work.
  • Candidates who have completed HND Level 5 (Higher Diploma) should possess at least 4 years of professional working experience in the field of Business, Management, or related areas of working experience.

M-981: Microeconomic Theory [9 ECT]

M-982: Macroeconomic Theory [9 ECT]

M-983: International Trade [9 ECT]

M-984: Development Economics [9 ECT]

M-985: Public Economics [9 ECT]

M-986: Environmental Economics [9 ECT]

M-987: Labor Economics [9 ECT]

M-988: Institutional Economics [9 ECT]

M-989: Action Research Paper [18 ECT]

M-981: Microeconomic Theory [9 ECT]

Introduction:
Microeconomic Theory explores how individuals, firms, and markets interact to allocate resources efficiently. It delves into decision-making behavior under constraints, pricing mechanisms, and market structures, providing a foundational analytical framework for applied economic policy.

Objectives:

  1. Understand consumer and producer behavior in various market settings.
  2. Analyze the impact of market structures on pricing and output.
  3. Apply game theory to model strategic interactions among economic agents.
  4. Evaluate general equilibrium outcomes and efficiency implications of resource allocation.

M-982: Macroeconomic Theory [9 ECT]

Introduction:
Macroeconomic Theory focuses on economy-wide phenomena including growth, inflation, unemployment, and fiscal-monetary policy dynamics. It equips students with tools to analyze aggregate economic performance and design stabilization policies.

Objectives:

  1. Examine models of long-term economic growth and development.
  2. Analyze business cycle fluctuations and macroeconomic stability mechanisms.
  3. Evaluate the role and effectiveness of fiscal and monetary policy.
  4. Study macroeconomic interdependencies in an open economy context.

M-983: International Trade [9 ECT]

Introduction:
This subject examines the economic principles governing international trade, including the benefits and challenges of trade liberalization, the impact on development, and evolving global trade dynamics such as services and environmental concerns.

Objectives:

  1. Understand classical and modern trade theories.
  2. Assess trade policy instruments and their welfare implications.
  3. Explore the links between trade, development, and environmental sustainability.
  4. Analyze global value chains and their role in shaping economic integration.

M-984: Development Economics [9 ECT]

Introduction:
Development Economics addresses the causes and consequences of underdevelopment, focusing on poverty, inequality, structural transformation, and policy strategies to promote inclusive growth.

Objectives:

  1. Evaluate theories and indicators of economic development.
  2. Analyze the role of human capital, agriculture, and industrialization in development.
  3. Examine urbanization, labor migration, and rural transformation.
  4. Design development planning strategies and assess policy effectiveness.

M-985: Public Economics [9 ECT]

Introduction:
Public Economics studies the role of government in the economy, covering public goods, taxation, expenditure policies, and public sector reforms. It focuses on how policy choices affect efficiency and equity.

Objectives:

  1. Understand the economic rationale for public intervention and public goods.
  2. Analyze government expenditure programs and redistribution mechanisms.
  3. Apply public choice theory to understand policy-making processes.
  4. Examine fiscal federalism and reform strategies in public service delivery.

M-986: Environmental Economics [9 ECT]

Introduction:
Environmental Economics focuses on the relationship between the economy and the environment, examining tools and policies for sustainable resource use and addressing climate change.

Objectives:

  1. Study economic theories relevant to environmental externalities and policy design.
  2. Evaluate market-based instruments and regulatory approaches for environmental protection.
  3. Analyze the economic impacts of climate change and mitigation strategies.
  4. Understand the role of natural resources in sustainable development.

M-987: Labor Economics [9 ECT]

Introduction:
Labor Economics explores labor market dynamics, including wage determination, employment trends, and government policies affecting labor mobility, discrimination, and job creation.

Objectives:

  1. Analyze labor supply, demand, and wage-setting mechanisms.
  2. Understand labor market inefficiencies and sources of discrimination.
  3. Evaluate the effects of labor market policies on employment and welfare.
  4. Study the economic drivers of labor migration and mobility.

M-988: Institutional Economics [9 ECT]

Introduction:
Institutional Economics examines how institutions—formal and informal rules—shape economic behavior and performance. It links governance, political economy, and institutional reforms to development outcomes.

Objectives:

  1. Understand theoretical frameworks related to institutions and economic behavior.
  2. Analyze how property rights, legal systems, and governance affect growth.
  3. Examine the role of political economy in institutional development.
  4. Evaluate institutional change processes and their economic implications.

M-989: Action Research Paper [18 ECT]

Accreditation & Recognition EIU-Paris :

ASIC-UK  (Accreditation)
The University has earned Premier status with Accreditation Service for International Schools, Colleges and Universities (ASIC) for its commendable areas of operation.

ACBSP (Program Accreditation & Professional Member)
The Accreditation Council for Business Schools and Programs (ACBSP), US based CHEA recognised Accreditation body has approved EIU’s application for Candidacy for Programme Accreditation.

BGA (Member)
The Business Graduates Association (BGA) is an international membership and quality assurance body of world-leading and high-potential Business Schools.

ECBE (Member)
ECBE is a prestigious international accreditation agency who recognizes EIU’s endeavor in providing high-quality education in vocation-focused and job skills specific programmes and qualifications. 

CIA (Member)
EIU intends to collaborate with Cambridge International in such initiative as Publishing in Partnership (PiP Model), Research Acceleration, Scholarly Dissemination, and Training Implementation.

ATHEA (Member)
Being a member is to operate as a tertiary educational institution, focusing on programme of higher education, be in existence for at least 1 year, and offer and teach their own institution’s programmes.

Course overview:

  • Course Level-7
  • Total Modules [Subject]: 8
  • Every Module has 6 Units
  • Total Units: 48
  • Total ECT: 90 [Subject wise 8*9=72 + ARP: 18]
  • Study Mode: Self-Paced Learning System (Online-Distance Learning)
  • Duration: One (01) year. There is an additional 6 months opportunity if there is  any exceptions.
  • Assignment: Each Unit has 01 (One) Final Assignment.
  • Action Research paper: One Action Research Paper Needs to be submitted.

Required Documents for Admission:

  • Education Certificates.
  • Latest CV/Resume.
  • Personal Statement (500 words).
  • Passport Copy.
  • Passport Size Photo (jpg. format).
  • Reference Letters.

Grading Systems:

Pass:

  • Higher Distinction: 90-100%
  • Distinction: 80-89%
  • First Division: 70-79%
  • Second Division: 60-69%
  • Satisfactory: 50-59%

Fail:

  • Unsatisfactory: 49% and Below.

Q: What is the self-paced Master's programme, and how does it work?
A: Our self-paced Master's programme is designed to provide participants with the flexibility to complete their degree at their own pace, anytime and anywhere. Participants will have access to our online learning platform, where they can complete coursework & interact with instructors. With no fixed lecture schedule, participants can manage their time effectively to balance work, personal, and academic commitments.

Q: What are the benefits of a self-paced Master's programme?
A: Our self-paced program offers numerous benefits, including flexibility, convenience, and personalized learning. Participants can accelerate or decelerate their pace according to their needs, allowing them to manage their time effectively and achieve their academic goals.

Q: How long does it take to complete the self-paced Master's programme?
A: The duration of the program is 01 (One) year. Depending on individual circumstances participant can take additional 06 (Six) months to complete the program. 

Q: Are there any prerequisites for admission to the self-paced Master's programme?
A: Yes, applicants must hold a bachelor's degree from an accredited institution and meet the program's specific admission requirements, which may include reference letters, a personal statement, personal identification.

Q: How will I be assessed in this programme?
A: The assessment is based on assignments and research paper only. There will be no exams.

Q: How do I interact with instructors in a self-paced programme?
A: Our online learning platform provides various tools for participants to interact with instructors, including discussion about the subject matter and usually the reply is given within 24-48hrs.

Q: Is the self-paced Master's programme globally recognized?
A: The Master's programme is validated (audited, quality controlled and quality assured) by our academic partner universities.

Q: Do I have any advantage if I apply for a 2nd Masters?
A: Yes, There will be a special discount available when applied for a second master’s programme.  

Q: What kind of technical support is available for the online platform?
A: Our technical support team is available 24/7 to assist with any technical issues or concerns. Participants can contact us via email, phone, or live chat for prompt support.

Q: Are there any scholarships available for the self-paced Master's programme?
A: Yes, we are offering partial scholarships to help make our programme more affordable. Please visit our website or contact our representative to know more.

We hope this FAQ helps! If you have any further questions, please don't hesitate to reach out to our admissions team.

Duration 12 to 18 Months
Regular Fee 1999.00
Partial Scholarship Available
Intake Monthly Intake

How To Apply

Required Documents

To apply for the Master’s program with partial scholarship offered, candidates are requested to submit the following documents:

  • Previous Education Certificates (Bachelor’s degree/PGD/diploma) & transcripts. (PDF file format). Those who has a bachelor degree in any study field with at least 1 year of working experience or a recognized Post Graduate Diploma with several years of working experience or a graduate Diploma with at least 5 to 8 years of working experience have to submit the degree certificate(s) with transcript (s).
  • Latest CV / Resume (PDF file format). Candidates need to submit a latest and complete CV including all the academic, personal and professional information.
  • Passport Sized Photo (JPG or PNG file format). A passport sized/clear photo is needed for the application form.
  • Reference Letter(s). (PDF file format). Candidates are required to submit at least two reference letters from current or previous workplace or from the university professor to check professional authenticity or study background. Your recommenders are asked to give their personal impressions of your intellectual ability, your aptitude in research or professional skills, your character, and the quality of your previous work and potential for future productive scholarship.
  • Passport copy or National ID card (JPG or PNG format).
  • Personal Statement (Minimum 500 words). Candidates are required to write 500 words document addressing the university about - what do you believe you will benefit from the program at this stage of your career? How would you like to see your career develop over the next 5 years? What are your career objectives?