Curriculum
Dr. Devin T. Rafferty, Chairperson
The Department of Economics and Finance offers majors in Economics, Finance, and Quantitative Economics and Finance and minors in Economics and Finance.
Requirements for Economics Major
Degree of Bachelor of Arts
Three of the required credits for the major count towards the Core Curriculum Requirements.
| EC-101 | Macroeconomic Principles (Core Social Science) | 3 |
| EC-102 | Microeconomic Principles | 3 |
| EC-251 | Intermediate Microeconomics | 3 |
| EC-252 | Intermediate Macroeconomics | 3 |
| EC-300 | Stats for Business Finance & Economics 1 | 3 |
| EC-496 | Capstone Seminar (WI) 2 | 3 |
| FN-401 | Intro to Corporate Finance 3 | 3 |
| or FN-410 | Business Finance | |
| FN-416 | Ethics in Financial Professions 4 | 3 |
| EC/FN | Economics/Finance Electives 5 | 15 |
| Total Credits | 39 | |
| 1 | EC-300 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 2 | EC-496 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 3 | May choose either FN-401 or FN-410 but not both. Students cannot take both FN-401 and FN-410. Either of these courses can serve as a prerequisite for FN-411. FN-401 and FN-410 are not Upper-Level Elective Courses. |
| 4 | EC-324: Poverty and Inequality fulfills the Pluralism requirement. |
| 5 | Ethics in Financial Professions fulfills the second Interdisciplinary Seminar and Values requirements. It is not an Upper-Level Elective. |
Requirements for Economics Major
Degree of Bachelor of Science
Three of the required credits for the major count towards the Core Curriculum Requirements.
| EC-101 | Macroeconomic Principles (Core Social Science) | 3 |
| EC-102 | Microeconomic Principles | 3 |
| EC-251 | Intermediate Microeconomics | 3 |
| EC-252 | Intermediate Macroeconomics | 3 |
| EC-300 | Stats for Business Finance & Economics 6 | 3 |
| EC-496 | Capstone Seminar (WI) 7 | 3 |
| FN-401 | Intro to Corporate Finance 8 | 3 |
| or FN-410 | Business Finance | |
| EC/FN | Economics/Finance Electives 9 | 15 |
| FN-416 | Ethics in Financial Professions 10 | 3 |
| AC-151 | Principles of Accounting I | 3 |
| AC-152 | Principles of Accounting II | 3 |
| BL-161 | Introduction to Law & Contracts | 3 |
| BA-151 | Principles of Management | 3 |
| BA-155 | Principles of Marketing | 3 |
| Total Credits | 54 | |
| 6 | EC-300 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 7 | EC-496 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 8 | May choose either FN-401 or FN-410 but not both. Students cannot take both FN-401 and FN-410. Either of these courses can serve as a prerequisite for FN-411. FN-401 and FN-410 are not Upper-Level Elective Courses. |
| 9 | EC-324: Poverty and Inequality fulfills the Pluralism requirement. |
| 10 | Ethics in Financial Professions fulfills the second Interdisciplinary Seminar and Values requirements. It is not an Upper-Level Elective. |
Requirements for Finance Major
Degree of Bachelor of Science
Three of the required credits for the major count towards the Core Curriculum Requirements.
| EC-101 | Macroeconomic Principles (Core Social Science) | 3 |
| EC-102 | Microeconomic Principles | 3 |
| EC-251 | Intermediate Microeconomics | 3 |
| EC-252 | Intermediate Macroeconomics | 3 |
| EC-300 | Stats for Business Finance & Economics 11 | 3 |
| EC-496 | Capstone Seminar (WI) 12 | 3 |
| FN-401 | Intro to Corporate Finance 13 | 3 |
| or FN-410 | Business Finance | |
| FN-416 | Ethics in Financial Professions 14 | 3 |
| FN | FN Electives | 15 |
| AC-151 | Principles of Accounting I | 3 |
| AC-152 | Principles of Accounting II | 3 |
| BL-161 | Introduction to Law & Contracts | 3 |
| BA-151 | Principles of Management | 3 |
| BA-155 | Principles of Marketing | 3 |
| Total Credits | 54 | |
| 11 | EC-300 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 12 | EC-496 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 13 | May choose either FN-401 orFN-410 but not both. Students cannot take both FN-401 and FN-410. Either of these courses can serve as a prerequisite for FN-411. FN-401 and FN-410 are not Upper-Level Elective Courses. |
| 14 | Ethics in Financial Professions fulfills the second Interdisciplinary Seminar and Values requirements. It is not an Upper-Level Elective. |
Requirements for Quantitative Economics and Finance Major
Degree of Bachelor of Arts
Nine of the required credits for the major count towards the Core Curriculum Requirements.
| EC-101 | Macroeconomic Principles (Core Social Science) | 3 |
| EC-102 | Microeconomic Principles | 3 |
| EC-251 | Intermediate Microeconomics | 3 |
| EC-252 | Intermediate Macroeconomics | 3 |
| EC-300 | Stats for Business Finance & Economics 15 | 3 |
| EC-301 | Economic and Financial Modeling | 3 |
| EC-303 | Economic & Financial Engr W/ Derivatives | 3 |
| EC-496 | Capstone Seminar (WI) 16 | 3 |
| FN-401 | Intro to Corporate Finance 17 | 3 |
| or FN-410 | Business Finance | |
| EC/FN | Economics/Finance Electives 18 | 15 |
| FN-416 | Ethics in Financial Professions 19 | 3 |
| MA-123 | Elementary Calculus I (Core Math) | 3 |
| MA-124 | Elementary Calculus II (Core Math) | 3 |
| MA-218 | Quantitative Methods for Business | 3 |
| Total Credits | 54 | |
| 15 | EC-300 is a Required Upper-Level Course and not an Upper-Level Elective Course |
| 16 | EC-496 is a Required Upper-Level Course and not an Upper-Level Elective Course. |
| 17 | May choose either FN-401 or FN-410 but not both. Students cannot take both FN-401 and FN-410. Either of these courses can serve as a prerequisite forFN-411. FN-401 andFN-410 are not Upper-Level Elective Courses. |
| 18 | EC-324: Poverty and Inequality fulfills the Pluralism requirement. |
| 19 | Ethics in Financial Professions fulfills the second Interdisciplinary Seminar and Values requirements. It is not an Upper-Level Elective. |
Special Notes on Core Curriculum Requirements for Economics, Finance and Quantitative Economics and Finance Majors
| 1 | It is recommended that Economics, Finance, and Quantitative Economics and Finance majors take CS-150 Introduction to Computers and Information Processing as part of their Core Natural Science Requirement. |
| 2 | It is recommended that Economics and Finance majors take MA-123 and MA-124 Elementary Calculus, I and II, to satisfy the Core Mathematics Requirement (although MA-105 and MA-106 Finite Mathematics, 1 and II, or MA-143 and MA-144 Differential and Integral Calculus, is an acceptable alternative). |
Special Notes on Major Requirements for Economics, Finance and Quantitative Economics and Finance Majors
| 1 | The upper level required theory courses, EC-251 and EC-252, must be taken at Saint Peter’s University. |
| 2 | No more than three credits of EC-295 can be applied toward the satisfaction of major requirements. |
| 3 | Finance majors are permitted to also major in Economics. However, no courses counted as upper-level electives in the Finance major can also count as upper-level electives in the Economics major. |
Requirements for a Minor in Economics
| EC-101 | Macroeconomic Principles | 3 |
| EC-102 | Microeconomic Principles | 3 |
| EC- | Economics/Finance Electives: EC/FN- 300-level or above) 20 | 12 |
| Total Credits | 18 | |
Requirements for a Minor in Finance
Students may earn a minor in Finance by completing a minimum of 18 credits including EC-101 Macroeconomic Principles, EC-102 Microeconomic Principles and any four FN electives for the major in finance. Economics majors and Economics minors are permitted to minor in Finance. However, with the exception of EC-101 and EC-102, none of the courses taken for the minor in Finance will count towards the completion of the major or minor in Economics.
| EC-101 | Macroeconomic Principles | 3 |
| EC-102 | Microeconomic Principles | 3 |
| FN | Finance Electives 21 | 12 |
| Total Credits | 18 | |
| 20 | EC-300, FN-401, FN-410, EC-496, and FN-416 are not Upper-Level Elective Courses. As a result, they will not count towards the fulfillment of this requirement. |
| 21 | EC-300, FN-401, FN-410, EC-496, andFN-416 are not Upper-Level Elective Courses. As a result, they will not count towards the fulfillment of this requirement. |