Degree Requirements

MA in Economics

Minimum requirements (from students who enrolled in 2020) are:

  1. Two years of enrollment
  2. Acquisition of at least 40 credits
  3. Submission of a master’s thesis or research report
  4. Passing the thesis/research report evaluation and final examination
  5. Acquisition of total GPA of at least 2.5

Course Requirements

Students must at least gain the number of credits in the Core Required Courses, Core Elective Courses, and Elective Courses for their graduation, as indicated in the following table:

(* Information below is for Class of 2022)

■MA in Economics
Categories Course Title
Core Required Courses
18 credits
12 credits
・Macroeconomics I: Income Theory
・Macroeconomics II: Business Cycle and Growth Theory
・Microeconomics I: Price Theory
・Microeconomics II: Strategic Behavior and Information Analysis
・Statistical Methods
6 credits
・Advanced Seminar I
・Advanced Seminar II
・Advanced Seminar III
Core Elective Courses
At least 6 credits or 10 credits 


・Agricultural Economics and Resource Revenue Management
・Analysis of Development Policies and Programs
・Business Presentation
・Comparative Study of Development Experiences
・Cost Benefit Analysis
・Cross-sectional and Panel Data Analysis
・Development Economics
・Development Policy and Globalization
・Environmental and Health Economics
・Evolving Development Paradigms and Changing Operational Strategies of Development Organizations
・Financial System and Financial Regulation
・Global Market Seminar
・Industrial Organization and Policy Analysis
・Inequality and Poverty: Measurement and Applications
・Interactions, Institutions, and Economic Development
・International Finance
・International Trade
・Japanese Corporate Finance and Financial System
・Japanese Economic Development and Growing Asia
・Japanese International Development Cooperation
・Japanese Public Finance and Administration
・Japan’s Education System
・Labor Economics
・Macroeconomics and Policy Analysis
・Macroeconomic Modeling and Forecasting
・Mathematics for Economics and Management
・Monetary Economics and Policy Analysis
・Monetary Policy in Developing Countries
・Policy Evaluation
・Public Finance
・Public Finance and Budgeting
・Research Methodology
・Time Series Analysis
Core Elective Courses
(Basic Discipline)
At least 8 credits
in total
Political Science
(GSIR Courses)
At least 2 credits
・Comparative Government and Politics
・Contemporary International Security Issues: National & Human
・Foreign Policy Analysis
・Human Rights & Global Justice: Cultures, Gender, & Equality
・Managing Public Organizations
・Public Administration
(GSIR Courses)
At least 2 credits
・Cost Benefit Analysis
・Development Policy and Globalization
・Essentials of Economics
・International Economic Systems and Order
・Macroeconomics I: Price Theory
・Microeconomics I: Income Theory
(GSIM Courses)
At least 2 credits
・Financial Accounting
・International Management
・Marketing Management
・Operations Management
・Organizational Behavior
・Strategic Management
Elective Courses Select from among all the courses offered in IUJ (including language courses) in consultation with faculty. The maximum number of credits of language courses which can be counted towards required credit for graduation is 4.
Required Number of Credits for Graduation  40 credits

In addition to the minimum credit requirement for each category mentioned above, students are required to obtain at least 30 credits from the courses which is offered by the school to which they belong.

There are courses which are listed in two different categories. In case students take those courses, the credits taken from them can be counted under each category. For example, “Macroeconomics I: Income Theory” is counted as both Core Required and Core Elective(Basic Discipline, Economics). However, only 2 credits from this course can be counted towards graduation requirements.

Note1) Although “Advanced Seminar I, II and III” are the Core Required courses and students are required to obtain 6 credits from them, only 2 of the 6 credits are counted toward graduation in the research report option while 6 credits will be counted in the thesis option.

Note2) The required number of Core Elective course credits differs depending on whether a thesis or research report is to be undertaken. In the thesis option, 6 credits must be obtained while 10 credits must be obtained in case of a research report option.

Language Courses

English Academic English I, II, III
English for Thesis Writing I, II
English for Professional Communication I, II
Academic English Literacy
Japanese Elementary Japanese I, II, III
Basic Japanese I, II, III, IV, V, VI
Intermediate Japanese I, II, III
Advanced Japanese I, II, III, IV, V, VI