Skip to main content area Skip to institutional navigation Skip to sub-navigation

Mathematical Economics Requirements

Objective

Students majoring in Mathematical-Economics must successfully complete no fewer than 15 units of listed courses in Mathematics (MA) and Economics (EC), including a senior thesis. To solidify basic problem solving skills, all majors must initially take a common set of required courses in economic theory, calculus, linear algebra, and/or differential equations. Contingent on individual course prerequisites, majors may then directly fulfill the elective requirement which undertakes a more advanced treatment of mathematical economics, or complete a sequence of courses that provide exposure to the statistical modeling of data. The major provides strong training for students pursuing private sector careers in investment banking, forecasting, applied mathematics, or finance, as well as graduate work in economics, operations research, and financial engineering.

Mathematical-Economics Requirements

Students desiring to major in mathematical economics are required to pass the following prerequisites prior to admission into the major.  If a student has not taken all three of these courses, that student may be admitted only if currently scheduled for a later section or by consent of the chair if mitigating circumstances exist.          

MA 126 – Calculus 1

1 unit

MA 129 – Calculus 2 

1 unit

EC 201 – Economic Theory  

1 unit

Notice that while International Baccalaureate (IB) Higher Level and Advanced Placement (AP) courses may count toward College credit as the equivalents of Economics 100, 101 and/or 102, they will not substitute for Economics 201, a course which uses calculus as a fundamental tool of the discipline.

To graduate as a Mathematical Economics major, students must pass the all-college requirements, while completing major components consisting of nine units of required courses, four units of electives, and two units of senior thesis for a total of 15 units in the major.

A.      Required Courses (9 units total)

            Math (5 Units)

 MA 126

Calculus 1 or equivalent as approved by Math Department

1 unit

 MA 129

Calculus 2 or equivalent as approved by Math Department

1 unit

 MA 217

Probability and Statistical Modeling

1 unit

 MA 220

Linear Algebra

1 unit

 MA 315

Ordinary Differential Equations

1 unit

 Total

5 units

 Please note that Calculus 2 (MA 129) is a prerequisite for Linear Algebra (MA 220) and Linear Algebra (MA 220) is a prerequisite for Differential Equations (MA 315).

             Economics (4 Units)

 MA 126

Calculus 1 or equivalent as approved by Math Department

1 unit

 MA 129

Calculus 2 or equivalent as approved by Math Department

1 unit

 MA 217

Probability and Statistical Modeling

1 unit

 MA 220

Linear Algebra

1 unit

 MA 315

Ordinary Differential Equations

1 unit

 Total

5 units

         

B.      Electives (4 units)

     1. Economics Elective   

At least one elective from the following list, or other as approved in advance by the Economics   andBusiness Department Chair. 

 EC317

Investments

1 unit

 EC343

Environmental Economics II

 EC344

Industrial Organization

 EC346

Economics of Labor

 EC347

Economics of International Trade

 EC371

Money, Banking, and Financial Markets

 EC372

Economic Development

 EC377

Economics of International Finance

      2. Mathematics Elective   

At least one elective from the following list, or other as approved in advance by the    Mathematics Department Chair.                  

 MA313

Probability

1 unit

 MA316

Partial Differential Equations

 MA318

Numerical Analysis

 MA325

Graph Theory

 MA340

Topics in Mathematics:  Mathematical Modeling

 MA375

Mathematical Analysis

 MA410

Complex Analysis

 MA417

Mathematical Statistics

      3. Mathematical Economics Elective 

At least one elective from the following list, or other as approved in advance by the Economics   Department Chair.

 EC404

 Advanced Topics in Mathematical Economics

1 unit

 EC305

Mathematical Economics of Addiction

 EC406

Mathematical Economics of Game Theory

 EC407

Mathematical Economics of Growth

   

        4. Additional Mathematics Elective or Mathematical Economics Elective       

 At least one additional elective from either:

  •  Mathematics electives (part B #2) or
  •  Mathematical Economics electives (part B #3) category

1 unit

                                 

 

 

C.      EC 496 - Senior Thesis in Mathematical Economics (2 units total)

Total Minimum Required Courses: 15 units