The bachelor of science major in mathematical economics comprises at least 11 economics courses plus six specific courses in mathematics and computer science, permitting a deeper engagement with the discipline than the bachelor of arts economics major and providing enhanced preparation for graduate study.
Contemporary economics is intertwined with mathematics. For example:
- The New Keynesian Model uses differential equations and partial derivatives to model how market equilibrium is achieved even when buyers’ demand and desired production levels do not match.
- Microeconomics models how price changes for one good affect demand for another, using multivariable calculus that students should master prior to the intermediate theory course.
- Econometrics employs linear algebra to analyze data and estimate the marginal impacts of numerous variables on a particular phenomenon.
Mathematical Economics BS Major Checklist
- Economics 103 and 104
- Economics 241, 243, 245, and 249
- Economics 350 and 352
- Two courses from 250-399, at least one from 300-399
- One senior seminar
- Math 111 and 112
- Math 211 and 212
Math or Computer Science Electives: Two courses from the list below
- Math 225, 321, 353
- CS107 or 111, CS216
- 351/404 - Capstone Seminar in Mathematical Economics