Department of Economics
Concentration in Financial and Monetary Economics (Bachelor of Arts in Economics)
Students on Summer 2020, Fall 2020, or Spring 2021 requirements FNMNECCON
Requirements
The concentration requires at least 9 credit hours, including the requirements listed below.
- Three (3) courses:
- ECON-E 332 International Monetary Economics
- ECON-E 337 Economic Development
- ECON-E 390 Undergraduate Seminar in Economics (approved topic: "Computational Methods in Macroeconomics")
- ECON-E 425 Financial Economics
ECON-E 332 International Monetary Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Only 6 credit hours from ECON-E 303, ECON-E 331, and ECON-E 332 may be counted toward a major in economics
- Description
- Theory of exchange rate and balance of payments adjustment, macroeconomic policy in open economies, history and comparison of international monetary systems, and proposals for reform.
- Repeatability
- Credit given for only one of ECON-E 332 and ECON-E 433.
ECON-E 337 Economic Development
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Description
- Characteristics of economically underdeveloped countries. Obstacles to sustained growth; planning and other policies for stimulating growth; examination of development problems and experience in particular countries.
ECON-E 390 Undergraduate Seminar in Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321
- Notes
- Additional prerequisites may be required depending on the seminar topic
- Description
- Intensive study of a topic area in economics. Topics will vary.
- Repeatability
- May be repeated with a different topic for a maximum of 9 credit hours.
ECON-E 425 Financial Economics
- Credits
- 3
- Prerequisites
- ECON-E 321 or ECON-S 321; and ECON-E 370 or ECON-S 370
- Description
- Theory and empirical evidence relevant to understanding the functioning of modern financial-asset markets. Course topics may vary substantially by instructor. Some examples include: present value, analysis of risk and return, asset pricing, modern portfolio theory, equilibrium in asset markets, arbitrage pricing theory, the capital asset pricing model, the efficient markets hypothesis, price bubbles and crashes, futures markets, derivative securities and option pricing models.
- Concentration GPA, Hours, and Minimum Grade Requirements.
- Concentration GPA. A GPA of at least 2.000 for all courses taken in the concentration—including those where a grade lower than C- is earned—is required.
- Concentration Minimum Grade. Except for the GPA requirement, a grade of C- or higher is required for a course to count toward a requirement in the concentration.
- Concentration Upper Division Credit Hours. At least 9 credit hours in the concentration must be completed at the 300–499 level.
Exceptions to and substitutions for concentration requirements may be made with the approval of the unit's Director of Undergraduate Studies, subject to final approval by the College of Arts and Sciences.