Financial Markets
College of Agricultural, Human, and Natural Resource Sciences
- Offered as:
- Specialization track in Economic Sciences
Overview
Financial markets is a specialization option in the economic sciences major. Economics is the study of the allocation of resources between competing and alternative uses. Macroeconomics analyzes the level of output and prices, inflation, and unemployment. Microeconomics emphasizes how consumers make purchase decisions and how they use their time, how firms make decisions on what to produce and who to employ, and current topics such as health care economics.
[+] Strengths of the program
- Transfer students are ensured credit compatibility through agreements with Washington community colleges.
- Make valuable internship and career connections through WSU's active network of faculty, alumni, and business professionals.
- WSU's faculty are frequently cited by broadcast and print media for their expertise.
- Learn economic systems in a rigorous, flexible study of basic problem solving and analytical methods.
[+] Requirements and sample courses
—Bachelor of arts in economics
All majors in the School of Economic Sciences complete a common set of foundation courses. The foundation requires 40 credits in total.
Economics Core
• introductory microeconomics
• introductory macroeconomics
• calculus
• statistics
• intermediate microeconomics
• intermediate macroeconomics
• econometrics
Sample classes from option areas
agricultural economics option
• Financial Accounting
• Farm/Ranch Management
• Business Management Economics
business economics option
• Financial Accounting
• Business Finance Economics
• Business Management Economics
economic analysis and policy option
• Money and Banking
• Public Economics
• Monetary Theory/Policy
environmental and resource economics option
• Natural Resource Economics
• Economic Analysis of Environmental Policies
• Natural Resource Economics & Policy
financial markets option
• Financial Accounting
• Introduction to Financial Management
• Business Finance Economics
• Money and Banking
graduate school preparation option
• Probability & Statistics
• Calculus II & III
• Differential Equations
international trade and development option
• Aspects Sustainable Development
• International Trade and Finance
• International Business
NOTE: See the WSU Catalog (http://www.catalog.wsu.edu/Pullman) for degree requirements and talk with your academic advisor about planning and scheduling your courses. All students must meet requirements as outlined in the catalog in order to graduate.
[+] Scholarships and financial aid
For economics students
The School of Economic Sciences offers scholarships for economics majors. Students may also be eligible for other University scholarships or financial aid.
For all students
A variety of state, federal, and university-sponsored programs are available to help students with educational costs. Washington State University awards millions of dollars in financial aid and scholarships to students every year based on financial need, academic merit, or a combination of the two.
Students should complete the Washington State University general scholarship application and the FAFSA to ensure their eligibility for the widest range of scholarships and need-based financial aid.
For information or to apply for financial aid and scholarships from WSU, see the Scholarships and Finances section of the WSU website.
[+] Minors
Agribusiness
Agricultural Economics and Management
Economics
Environmental & Resource Economics & Management
Sustainable Development
[+] Study options
According to their individual interests, students supplement their economic sciences training with elective course work in the areas of business, agriculture, mathematics, history, and/or political science. The Bachelor of Science in Economic Sciences allows students to choose one of the following options:
• The agricultural economics option deals with economic issues related to food and fiber supply and demand and the natural resource base that supports agricultural production and societal needs. Applications to public decision making and private decisions of farms, ranches, and agribusinesses are considered.
• The business economics option trains students to use economic concepts to better understand the management, marketing, and finance problems faced by businesses operating in a market system.
• The economic analysis and policy option emphasizes the analytical skills used in making decisions involving government programs and tax policy.
• The environmental and resource economics option trains students to make decisions while carefully weighing the trade-offs between protecting, restoring, developing, and allocating natural resources.
• The financial markets option provides students with a solid, analytical training in the substantial overlap between economics and finance. The option requires coursework that focuses on the analysis of financial markets.
• The graduate school preparation option guides students to coursework in economic theory, statistics, and mathematics needed for success in graduate work in business, agricultural economics, and general economics.
• The international trade and development option applies economic and institutional analysis to the problems of international economics, economic growth and the special economic challenges faced by low income countries.
[+] Campus organizations and activities
[+] Careers in economics
Economics majors can work in a wide variety of areas and have many career options: agribusiness managers, appraisers, auditors, budget analysts, buyers, claims appraisers, commodity brokers, comprehensive analysts, consultants, credit analysts, database administrators, economic analysts, efficiency experts, environmental impact appraisers, financial analysts, forecasting administrators, fund raisers, import/export agents, insurance agents, loan officers, lobbyists, managers, marketing researchers/administrators, natural resource managers, real estate appraisers, research and sales analysts, sales representatives, securities brokers, statisticians, underwriters, law, and banking.
[+] Salaries
According to the National Association of Colleges and Employers, between 2005 and 2006 the average starting salary for graduates with a bachelor's degree in economics rose by 11 percent, to $45,191.
In 2002, the median base salary for economists was $76,750.