Mathematical Economics

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.

Major Requirements

Mathematical Economics BS Major Checklist

Economics:

Core Courses

  • Economics 103 and 104
  • Economics 241, 243, 245, and 249
  • Economics 350 and 352

Additional Courses

  • Two courses from 250-399, at least one from 300-399
  • One senior seminar

Math:

Core Courses

  • Math 111 and 112
  • Math 211 and 212

Additional Courses:

Math or Computer Science Electives: Two courses from the list below

  • Math 225, 321, 353
  • CS107 or CS111 or DS256 Introduction to Scientific Computation/Computer Science/Data Science
  • CS216

Senior Seminar:

  • 351/404 - Capstone Seminar in Mathematical Economics