Financial Economics

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This program is designed to prepare students for employment in occupations where specific knowledge of financial economics will be useful in entry-level positions and in enhancing subsequent opportunities for advancement. The program also provides a strong undergraduate background for graduate professional degrees in business, economics, and law. This approach incorporates the fundamentals of economic theory in the areas of macroeconomics and monetary economics along with the applied analytical tools of finance and econometrics.

Program Requirements:

1. Required Economics (ECO) courses:

ECO 120 - Principles of Microeconomics Credits: 3
ECO 121 - Principles of Macroeconomics Credits: 3
ECO 339 - International Finance Credits: 3
ECO 353 - Money and Banking Credits: 3
ECO 420 - Intermediate Microeconomics Credits: 3
ECO 421 - Intermediate Macroeconomics Credits: 3
ECO 485 - Introduction to Economic Statistics and Econometrics Credits: 3 - 4
One additional 300- or 400-level ECO course

Note: Of ECO and INT courses taken at the 100 level, only ECO 120 and ECO 121 may be counted toward the Bachelor of Arts in Financial Economics program requirements. (All other 100-level ECO and INT courses may be counted toward the 120 credits required for the baccalaureate degree.) ECO 410 Introduction to Economics Analysis for MBA students may not be used as a substitute for ECO 120 and ECO 121.

ECO 420 and ECO 421 should be taken early in the student’s program of study. A minimum grade of C- is required in both ECO 420 and ECO 421.

Students may take REP 371 or REP 471 as the additional economics course

4. Statistics requirement:

One of the following statistics courses:

MAT 215 - Introduction to Statistics for Business and Economics Credits: 3
MAT 232 - Principles of Statistical Inference Credits: 3
MAT 434 - Introduction to Statistics Credits: 4

5. A Minimum grade-point average of 2.0 is required in all required courses.

Residence requirement:

Financial Economics majors must complete a minimum of 12 of the required credits in economics and 6 of the required credits in business at the University of Maine.

Financial Economics

Program Requirements:

1. Required Economics (ECO) courses:

2. Required Maine School of Business courses:

Two additional courses from among the following:

3. Mathematics requirement:

4. Statistics requirement:

5. A Minimum grade-point average of 2.0 is required in all required courses.

Residence requirement: