Exchange programs are managed by Penn Abroad. While there are many exchange programs to choose from that offer economics course, there are a few programs that are especially designed for our economics and mathematical economics majors and that we highly recommend.
One such program is the one at Bocconi University in Milan. It has one of the very best economics departments in Europe. In order to participate in the exchange you have to have declared an economics major or a mathematical economics major. You have to have completed MATH 1400 (formerly 104) or 1070 and 1410 (formerly 114) or 1510 (formerly 115) or 1080, ECON 0100 (formerly 001) and 0200 (formerly 002), and ECON 2100 (formerly 101). While at Bocconi you can choose courses that are taught in English, but you are required by Penn Abroad to complete Italian 0100 (formerly 110) prior to departure.
If you are interested in this program, please first contact Penn Abroad and subsequently get in touch with the Associate Undergraduate Chair of the Department of Economics to discuss which courses to take and how to receive transfer credits.
To find out more about Bocconi University, take a look at their International Student Desk page or the the university's homepage.