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Mathematical Economics

Graduates with strong analytical skills are highly valued in today’s increasingly data-driven and interconnected business world. The Mathematical Economics major provides a course of study that allows students to not only acquire some of these highly valued analytical skills, but also integrates that knowledge with a deeper understanding of the business world. This combination of mathematics and economics knowledge makes Mathematical Economics graduates both highly competitive on the job market and excellent candidates for graduate school.

The Mathematical Economics major satisfies the requirements for the B.S. degree in the School of Arts & Sciences. It requires students to take 12 core units followed by 4 elective courses. The core courses serve to build a strong basic foundation in both economics and mathematics. The elective courses then allow the student to tailor their major to their post-graduation goals. To provide further breadth to their education Math-Econ majors may also declare additional majors (including in the Business School) as long as these additional majors are not Economics or Mathematics.

Recent Math-Econ graduates have chosen electives sequences towards post-graduation paths that include jobs in finance, economics, actuarial sciences, consulting, and management, and graduate school in economics, statistics, strategy, and business. Advisors and coordinators in the major work closely with students to choose electives consistent with the students’ short and long-term goals. The program coordinators additionally work with other departments to help Math-Econ majors take non-major courses that complement their studies towards post-graduation goals in fields such as finance, consulting, and actuarial sciences.

The Mathematical Economics Major

Note: A grade point average of C (2.00) is required in the major, with no course grade below a C- (1.70) in courses counting towards the major.

16 units, including:

CMSC 150 Introduction to Computing

ECON 101 Principles of Microeconomics

ECON 102 Principles of Macroeconomics

ECON 270 Introductory Econometrics

ECON 271 Microeconomic Theory

ECON 272 Macroeconomic Theory

ECON 341 Mathematical Economics

MATH 211 Calculus I

MATH 212 Calculus II

MATH 235 Multivariable Calculus

MATH 245 Linear Algebra

MATH 329 Probability

Only MATH 340 classes taken for 1 unit will count as electives towards the major.

Students are expected to fulfill all prerequisites necessary for courses within the major. Prerequisites do not count toward the major unless otherwise noted.

Mathematical economics majors may not select mathematics or economics as an additional major or minor.