Economics: Money and Financial Markets

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 Securities and Exchange Commission (SEC), and the U.S. departments of Treasury, Commerce, and State.

• Students have core proficiency in  microeconomics. They understand key concepts including opportunity cost, marginal analysis, voluntary exchange, diminishing marginal returns, equilibrium and market structure.
• Students have core proficiency in macroeconomics. They understand key concepts including GDP, inflation, interest rates, business cycles, exchange rates, financial institutions and fiscal and monetary policy.
• Students have strong oral communication skills. This includes fundamental skills in preparing and delivering presentations, as well as being able to explain technical material clearly and concisely.
• Students are able to use economic models to understand real-world issues relevant to business, public policy and society.
• Students are able to communicate economic concepts clearly in writing. This involves having strong fundamental writing skills as well as being able to explain technical material clearly and concisely.

Secondary and/or university transcript(s) of any coursework taken prior to applying to UNH, with English translations, are required. International documents received by UNH Admissions are verified, scanned, and confidentially destroyed. Official documents submitted will not be returned to the student.

Ideally, the letter should be from a student's school counselor or teacher. UNH does not require more than one recommendation and our preference is to receive no more than two. Excess recommendations may delay the admissions review process.