Economics Major: Money and Financial Markets Option (B.A.)
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.
|ECON 401||Principles of Economics (Macro)||4|
|ECON 402||Principles of Economics (Micro)||4|
|PAUL 405||Freshman Academic Experience I||1|
|PAUL 406||Freshman Academic Experience II||1|
|MATH 420||Finite Mathematics||4|
|or MATH 424A||Calculus for Social Sciences|
|PHIL 430||Ethics and Society (or equivalent ethics course)||4|
|ADMN 420||Business Statistics||4|
|ECON 605||Intermediate Microeconomic Analysis||4|
|or ECON 606||Intermediate Microeconomics with Calculus|
|ECON 611||Intermediate Macroeconomic Analysis||4|
|Junior and Senior Years|
|ECON 774||Senior Economics Seminar 1||4|
|Select three(3) additional ECON electives 2||12|
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.)
|ECON 635||Money and Banking||4|
|ECON 746||International Finance||4|
|Select one of the following:||4|
|Economic History of the United States|
|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.|
Satisfies the requirement of the option, but does not count toward the four-elective requirement of the economics B.A. degree.