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Mathematics and Economics

ECONOMICS AND FINANCE THOUGH A MATHEMATICAL LENS

Studying the growth of emerging markets, consumer behavior, production schedules or portfolio optimization are important jobs in a free market economy. The ability to model loan defaults, price insurance products for life, health or property, or model uncertainty and risk in other economic activities, is a highly prized skill. The Mathematics and Economics program trains students to model uncertainty, with a focus on the financial services sector and the economy. The degree is also excellent preparation for students planning to pursue a graduate degree in Economics, as a strong background in mathematics is a must for admission into the top graduate programs.

 

RELATED MAJORS

Actuarial Sciences

Applied Mathematics

Mathematics 

AREAS OF STUDY

  • Linear Algebra
  • Probability and Statistics
  • Macroeconomics
  • Microeconomics
  • Econometrics
  • Financial Management

CAREER OPTIONS

  • Financial Analyst
  • Economic Analyst
  • Actuary
  • Data Scientist
  • Statistician

GRADUATE PROGRAMS

  • Financial Mathematics
  • Finance
  • Economics
  • Data Science
  • Mathematics or Applied Mathematics
  • Statistics

What’s special about this program?

The B.S. in Mathematics and Economics is offered jointly by the Department of Mathematical Sciences and the Department of Economics. Many students in this program also take graduate courses in Economics and Mathematics, and they often collaborate on research projects with faculty members in either department.

Get Involved

Undergraduate Research

Honors Program

Actuarial Sciences Club

Math Club

Putnam Competition

Mathematical Contest in Modelling

Sample Curriculum

FALL SPRING
CISC 106 - General Computer Science for Engineers ECON 103 - Introduction to Macroeconomics
ECON 101 - Introduction to Microeconomics ENGL 110 - First-Year Writing
MATH 241 - Analytic Geometry and Calculus A MATH 210 - Discrete Mathematics I
Breadth Requirement (Group A) (1/4) MATH 242 - Analytic Geometry and Calculus B
Breadth Requirement (Group B) (2/4) Breadth Requirement (Group A) (3/4)
First Year Seminar  
Credits: 17 Credits: 16
FALL SPRING
ECON 301 - Intermediate Microeconomic Theory with Calculus ECON 304 - Intermediate Macroeconomic Theory with Calculus 
MATH 243 - Analytic Geometry and Calculus C MATH 349 - Elementary Linear Algebra
MATH 350 - Probability Theory and Simulation Methods MATH 450 - Mathematical Statistics
Breadth Requirement (Group A) (4/4) Multicultural Requirement 
Free Elective (1/12) Free Elective (2/12)
Credits: 16 Credits: 15
FALL SPRING
ECON 306 - Data Analysis for Economics and Business   ECON 422 - Econometric Methods for Causal Analysis  
MATH 302 - Ordinary Differential Equations MATH 529 - Optimization Theory
ECON options (ECON 410, ECON 423, ECON 443, ECON 430 or ECON 460) ECON 426 - Mathematical Economic Analysis
Free Elective (3/12) Free Elective (5/12)
Free Elective (4/12) Free Elective (6/12)
Credits: 15 Credits: 15
FALL SPRING
MATH options (MATH 426, MATH 503, or MATH 512)* Discovery Learning Experience
MATH 530 - Application of Math in Economics  Free Elective (9/12)
Second Writing Requirement Free Elective (10/12)
Free Elective (7/12) Free Elective (11/12)
Free Elective (8/12) Free Elective (12/12)
Credits: 15 Credits: 15

Go Global at UD

This major is eligible for the following program:

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