Degree Requirements for IMF

MA in Economics (Macroeconomic Policy Program)

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
  4. Passing a final examination conducted with respect to the thesis
  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
Macroeconomic Policy Program for IMF
Categories Course Title
Core Required Courses
28 credits
22 credits
・International Finance
・International Trade
・Macroeconomics I: Income Theory
・Macroeconomics II: Business Cycle and Growth Theory
・Microeconomics I: Price Theory
・Microeconomics II: Strategic Behavior and Information Analysis
・Macroeconomics and Policy Analysis
・Monetary Economics and Policy Analysis
・Public Finance
・Statistical Methods
6 credits
・Advanced Seminar I
・Advanced Seminar II
・Advanced Seminar III
Elective Courses

(Recommended Courses)

・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
・Japanese Corporate Finance and Financial Systems
・Japanese Economic Development and Growing Asia
・Japanese International Development Cooperation
・Japanese Public Finance and Administration
・Japan’s Education System
・Labor Economics
・Macroeconomic Modeling and Forecasting
・Mathematics for Economics and Management
・Monetary Policy in Developing Countries
・Policy Evaluation
・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.

Language Courses

English Academic English I, II and III

English for Thesis Writing I and II

English for Professional Communications

Japanese Basic Japanese I, II, III, IV, V and VI

Elementary Japanese I, II and III

Intermediate Japanese I, II and III

Advanced Japanese I, II, III, IV, V, VI

Business Japanese I, II and III