In the business and financial world, mathematical and statistical models are becoming increasingly important as tools for prediction and analysis. Students in this Option will obtain a firm foundation in applied and computational mathematics as well as a basic grounding in economic theory. It is also ideal as a second major for students in Economics who want more mathematical training, especially those preparing for graduate school since the academic field of Economics relies heavily on mathematical models.
Option Core (27 credits)
- PHYS 121, 122, 123 (5,5,5) or ECON 200, 201, 300 (5,5,5)
- MATH 300: (3) Mathematical Reasoning
- MATH 327: (3) Introductory Real Analysis I
- MATH 407: (3) Linear Optimization
At least 3 credits from the following:
- MATH 408: (3) Nonlinear Optimization
- STAT 423: (4) Applied Regression and Analysis of Variance
Option Electives -- Group I (15 credits)
Students must accumulate at least 15 credits from the following list of courses:
- ECON 301: (5) Intermediate Macroeconomics
- ECON 400: (5) Advanced Topics in Microeconomic Theory
- ECON 401: (5) Advanced Topics in Macroeconomic Theory
- ECON 404: (5) Industrial Organization and Price Analysis
- ECON 421: (5) Money, Credit, and the Economy
- ECON 422: (5) Investment, Capital, and Finance
- ECON 424: (5) Computational Finance and Financial Econometrics
- ECON 426: (5) Advanced Financial Economics
- ECON 435: (5) Natural Resource Economics
- ECON 472: (5) International Macroeconomics
- ECON 482: (5) Econometric Methods
- ECON 483: (5) Applied Econometric Modeling
- ECON 485: (5) Economic Game Theory
- ECON 486: (5)Economics of Information
Credit in approved Graduate courses from the Department of Economics may also be used to fulfill these requirements.
Option Electives -- Group II (5 credits)
At least 5 additional credits from approved courses (at the 300 level or higher) in the Departments of Applied Mathematics, Computer Science and Engineering, Mathematics, Statistics, or Economics. Credits in Economics must be taken from the courses listed in the Group I Electives.
Double majors / Double degrees Students who complete a double major with a Bachelor of Science in Economics need only complete the Program Core and Option Core requirements. Interested students should get early advice from the Economics Department Advisers (firstname.lastname@example.org) about suggested programs.