In this option in the B.A. economics major you’ll 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. You also will 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.

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