Arts & Humanities
Economics and International Relations
This interdisciplinary program combines the analytical rigor of economics with the global perspective of international relations. Students explore how economic policies, trade, and global markets interact with diplomacy, international law, and geopolitical dynamics.
Program objectives
- 01Understand core microeconomic and macroeconomic theories and their global applications.
- 02Analyze the political and economic factors driving international conflicts and cooperation.
- 03Learn to evaluate the impact of global institutions like the IMF, World Bank, and WTO.
- 04Develop skills in quantitative data analysis and qualitative policy research.
Why choose this program
Highly relevant to global affairs
Provides the tools to understand and address pressing global issues like trade wars, climate change, and economic inequality.
Versatile skill set
Combines hard quantitative skills from economics with strong writing and critical thinking skills from international relations.
Diverse career paths
Opens doors to roles in government, international organizations, think tanks, journalism, and multinational corporations.
Skills you'll build
- Econometric modeling
- Policy analysis
- Statistical data analysis
- Geopolitical risk assessment
- Critical thinking
- Cross-cultural awareness
- Objective reasoning
- Persuasive writing
Tools & software
- R
- Stata
- Microsoft Excel
- GIS software for geopolitical mapping
Challenges to expect
Academic
- Balancing the heavy mathematical workload of economics with the extensive reading and writing required for international relations.
Technical
- Translating abstract economic and political theories into actionable, real-world policy recommendations.
Financial
- Pursuing careers in international NGOs or think tanks may initially offer lower salaries compared to the private sector.
Personal
- Studying global conflicts and economic crises can sometimes be emotionally taxing or overwhelming.
Tips from the field
- Follow global financial and political news daily to see theoretical concepts applied in real time.
- Master at least one statistical programming language (like R or Stata) to stand out in the job market.
- Learn a second or third language, as it is a massive asset for careers in international relations.
Career paths
- Policy analyst
- Economic diplomat
- International development consultant
- Geopolitical risk analyst
- Journalist
Where you can study this
| Name | Latest cutoff | Tuition (annual) |
|---|---|---|
| Lancaster University GhanaBA | — | USD 9,000–9,000 |
FAQs
Is this degree more focused on economics or politics?+
It is a true hybrid, typically requiring a 50/50 split of modules, though you can often choose to weight your electives toward one side in your final year.
Do I need to be good at math for this program?+
Yes, the economics component requires a solid foundation in calculus and statistics, especially for econometrics modules.
Can I work in the private sector with this degree?+
Absolutely. Multinational corporations and financial institutions highly value graduates who understand both global markets and geopolitical risks.
What is the difference between this and a degree in International Political Economy?+
They are very similar, but Economics and International Relations often maintains a stricter division between the two disciplines, whereas Political Economy blends them into a single theoretical framework.
Do I need a master's degree to work in international organizations?+
While a bachelor's can get you entry-level roles, a master's degree is often preferred or required for mid-level and senior positions in organizations like the UN or World Bank.
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