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Master in International Affairs: Economics, Politics and Law


The first stage of the Master in International Affairs consists of shared modules and the second of specialisation modules for the students to gain advanced knowledge in one of the two fields covered: Business and Economics, and Law and Politics.

The first stage consisting of shared modules (worth 25 ECTS) aims at providing students with a sufficient level of expertise in the four core areas of international affairs -Economics, Business, Law and International Policy- as well as introducing the Ethics module, structured as follows:

  • International Economics (6 ECTS)

    International Trade Theories. Trade Policies. Economic Policies of Trade Policy. Trade Policy of Developing Countries. Income of open economies and Balance of Payments. Exchange rates and Foreign Exchange Markets. Money, interest rates and exchange rates. Macroeconomics of an open economy
  • International Business (6 ECTS)

    Strategy and structure of international business. The company as a value chain. The role of strategy. Organisation of international business. Strategy and organisation in international business. Control systems. Strategy of penetration and strategic alliances.
  • Legal and institutional aspects of European Integration and International Organisations (6 ECTS)

    Community planning and its relation with Member States´ planning. Structure, organs and powers of the European Union institutions. Judicial guarantee of rights in the European Union. Institutional issues of principal International Organisations.
  • International Relations (6 ECTS)

    International relations: concept, history and content. International society. The actors of international relations. The determining factors of international relations. The International dynamic.
  • Ethics in International Affairs (1 ECTS)

    Ethics and civilisations. Human rights. A resource to war; ethical interpretation. International consensuses. Tolerance and multiculturalism. Minorities: socio-historic perspective and legal protection. Migrations. Globalisation. Environment and sustainable development. Global inequality.

The second phase introduces the specialisation in two plans: Economics or Law and Politics, each one with a total of 15 ECTS consisting of 5 modules of 3 ECTS each. Both lines of specialisation explore international and specific European elements of the topics covered, paying special attention to the present configuration of international affairs, such as the various sides to globalisation, the current international security issues and the challenges in the European integration process.

Thus, the Economics and Business specialisation consists of the following modules:

  • Economic analysis of the European Union (3 ECTS)

    European competitiveness and the Lisbon Agenda of 2000. The single market. Policy of competition and common agricultural policy. European work markets. Monetary integration, monetary policy and single currency. The European Union policy of cohesion.
  • European Union Trade and Investment (3 ECTS)

    Commercial flows of the European Union. The European Union in global trade of goods and services. Commercial policy of the European Union: the European Union free trade bilateral agreements, the European Union in the Doha Development Round. Direct investment international flows of European Union countries, sectorial internationalisation of direct investments and production.
  • International Economic Entities (3 ECTS)

    The International Monetary Fund. The World Bank. From general agreement on tariff and trade (GATT) to the World Trade Organisation (WTO). International Cooperation. Globalisation and international economic institutions.
  • Economics and Regional Development (3 ECTS)

    Regional concepts and rates. Urban structure. The neoclassical model of regional growth. The theory of accumulative causation. Theory of the poles of growth. The potential of regional development (Dieter Biehl). The industrial district. Indigenous development. Cohesion in the EU: data and tendencies. Policy of cohesion in the European Union.
  • Economic Globalisation: Theory and Empirical Evidence (3 ECTS)

    Concept of globalisation. The history of globalisation. Globalisation and growth. Inequality, poverty and globalisation. Work, capital and globalisation markets. Technology and the comprehensive process. International institutions, economic policy and governments facing globalisation.

Legal and Political specialisation:

  • Political Theory on European Integration (3 ECTS)

    Principal models of European integration: functionalism, federalism, supranational model, intergovernmental model, constitutionalism. The European Union as an actor in an international society.
  • Political Globalisation, Governance and Global Democracy (3 ECTS)

    The model of global governance. The outer dimension: trade, economic cooperation, investments, cultural policy, identities, human aid, development cooperation. Security and defence common policies. The alliance, solidarity and permanent structured cooperation clauses. Tension between the global and local. From heterogenisation-fragmentation to homogenisation-globalisation. New identities. Transnational constitutionalism and global democracy. The civil global society. International companies and global public goods.
  • International Criminal Law. Police and Judicial Cooperation in Europe (3 ECTS)

    Policy of international security: elements. New approaches to international terrorism. Criminal law of international sources. The International Criminal Court. International instruments of criminal and political cooperation. Criminal and police cooperation in Europe.
  • International Commercial Law: the WTO (3 ECTS)

    International exchange. Commercial common policy of the European Union. GATT and the World Trade Organisation (WTO). Special consideration of the industrial products and goods Agreements protected by intellectual property rights (TRIPs). Policy of foreign trade in Spain: instruments of exportation promotion.
  • International Litigation and Arbitration (3 ECTS)

    Spanish legal procedures with foreign components. International judicial attendance. Procedures before International Courts. International Arbitration. Recognition and execution of judicial resolutions and foreign extrajudicials.

The specialisation also course includes 9 ECTS corresponding to optional modules. Students can choose from 5 additional modules (worth 3 ECTS each):

  • International Geostrategy: Geopolitics and Geoeconomics (3 ECTS)

    Geostrategy: concept; strategic theory; tactic, strategy and logistics. Geopolicy. Geoeconomics.
  • International Contract Negotiation (3 ECTS)

    International negotiation: strategy and cultural elements. General questions of international trading: tax issues, risk factors, legal procedure of Spanish investment abroad, means and instruments of payment. International contracts: buying and selling, distribution and commercial mediation and business cooperation. Conflict prevention and resolution.
  • Economic Growth (3 ECTS)

    The stylised facts of economic growth. Neo-classical theory of economic growth. Theory and policy of economic convergence. Accounting of economic growth. Technical internal progress and economic growth. 1. The spread of growth and learning by practice. 2. The process of destructive creation in economic growth.
  • European and International Competition Policy (3 ECTS)

    The European Competition right. Policy of international competition: international agreements and comparative Law. Abusive practices: explicit and implicit collusions, the dominant positions of monopolies and the barriers to market entry. Processes of fusion between companies that can result in non-competitive market structures.
  • Migration and Asylum Policy (3 ECTS)

    Contemporary migratory phenomenon: explanatory theories, demographic, social, economic and cultural consequences. Spanish and European immigration law. Work of foreigners in Spain: legal regulation and impact on the labour market. Legal regulation of asylum in the European Union and in Spain.

Seminars will be held throughout the Master's course on current topics related to international economics and politics, which will be worth 2 ECTS.

All students must do a compulsory business internship, which is worth 3 ECTS.

Lastly, students must carry out an End of Master's Project on a relevant area within the field of international relations. This Project can be either an essay or a research project, and must be defended before a Board. The End of Master's Project is worth 6 ECTS.

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