Economics Major: Money and Financial Markets Option (B.A.)

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The Option in Money and Financial Markets (B.A. degree) explores the complex and interdependent nature of money and financial markets. Students will develop institutional knowledge and analytical skills to understand the role of the financial system in society, fluctuations and risk in asset markets, including those for bonds, stocks, and currency, and how financial derivatives, such as futures, options, and swaps contracts, can be used to hedge risk. Students will also study the conduct and implications of monetary policy, exploring the merits of quantitative easing, macroprudential policy aimed at reducing systemic risk, and other key issues involving the role of the state in the financial system.

The option is designed for students wanting careers in the financial services sector, including commercial and investment banking, financial trading, security analysis, portfolio management, and financial advising, and in the government sector, especially at the Federal Reserve System, Securities and Exchange Commission (SEC), and the U.S. departments of Treasury, Commerce, and State.

Economics Major (B.A.)

B.A. economics majors must complete eight courses in economics plus ADMN 420 Business Statistics with a grade of at least C- (1.67) in each course and an average grade of 2.0 or better in the major courses.

Freshman Year
ECON 401Principles of Economics (Macro)4
ECON 402Principles of Economics (Micro)4
PAUL 405Freshman Academic Experience I1
PAUL 406Freshman Academic Experience II1
MATH 420Finite Mathematics4
or MATH 424A Calculus for Social Sciences
PHIL 430Ethics and Society (or equivalent ethics course)4
Sophomore Year
ADMN 420Business Statistics4
ECON 605Intermediate Microeconomic Analysis4
or ECON 606 Intermediate Microeconomics with Calculus
ECON 611Intermediate Macroeconomic Analysis4
Junior and Senior Years
ECON 774Senior Economics Seminar 14
Select three(3) additional ECON electives 212
Total Credits46

ECON 774 Senior Economics Seminar is the capstone course for the B.A. major and satisfies the capstone requirement of the University Discovery Program.


Specific electives for the BA Options must be chosen from an approved list of courses.

Coursework in accounting is recommended but not required. B.A. economics majors may choose to focus their major electives to satisfy the requirements of one of the three options defined by the Department of Economics.

Money and Financial Markets Option Requirements

(Note: Some courses may have prerequisites that are not part of the option.)

Required courses:
ECON 635Money and Banking4
ECON 746International Finance4
Select one of the following:4
Economic History of the United States
International Economics
Topics (Micro-Finance)
Introduction to Econometrics
Seminar in Monetary Theory and Policy
Investments Analysis 1
International Financial Management 1
Financial Institutions 1
Introduction to Financial Management 1
Other 600-level or 700-level course, must be approved by ECON Dept.
Total Credits12

Satisfies the requirement of the option, but does not count toward the four-elective requirement of the economics B.A. degree.