Applied Mathematics–Economics
The philosophy of this program is to provide sufficient command of mathematical concepts to allow pursuit of an economics program emphasizing modern research problems. Economic theory has come to use more and more mathematics in recent decades, and empirical research in economics has turned to sophisticated statistical techniques. The applied mathematics-economics concentration is designed to reflect the mathematical and statistical nature of modern economic theory and empirical research.
This concentration comes in two flavors, or tracks. The first is the advanced economics track, which is intended to prepare students for graduate study in economics. The second is the mathematical finance track, which is intended to prepare students for graduate study in finance, or for careers in finance or financial engineering. Both tracks of the applied mathematics-economics concentration have A.B. degree versions and Sc.B. degree versions.
Standard program for the A.B. degree (Advanced Economics track):
Prerequisites: MATH 0100 and MATH 0520.
Course requirements:
Applied Mathematics requirements:
- APMA 0350 and 0360 (APMA 0330 and 0340 may be substituted with advisor approval).
- One course from APMA 0160, CSCI 0040, 0150, 0170
- One course from APMA 1200, 1210
- APMA 1650
- One course from APMA 1200, 1210, 1660, 1670, 1680, 1690, 1700, or MATH 1010
No course may be used to simultaneously satisfy (a) and (b).
Economics requirements:
- ECON 1130 (or 1110 with permission)
- ECON 1210
- ECON 1630
- three other 1000-level economics courses. Of those three courses, at least two must be chosen from the "mathematical-economics" group. This group comprises ECON 1170, 1465, 1470, 1640, 1650, 1750, 1759, 1810, 1820, 1850, 1860, and 1870.
Standard program for the Sc.B. degree (Advanced Economics track):
Prerequisites: MATH 0100, 0520.
Course requirements:
Applied Mathematics requirements:
- APMA 0350 and 0360 (APMA 0330 and 0340 may be substituted with advisor approval).
- One course from APMA 0160, CSCI 0040, 0150, 0170
- One course from APMA 1200, 1210
- APMA 1650
- Two courses from APMA 1200, 1210, 1660, 1670, 1680, 1690, 1700, MATH 1010
No course may be used to simultaneously satisfy (a) and (b).
Economics requirements:
- ECON 1130 (or 1110 with permission)
- ECON 1210
- ECON 1630
- At least five other 1000-level economics courses. Of those five courses, three must be chosen from the "mathematical-economics" group. This group comprises ECON 1170, 1465, 1470, 1640, 1650, 1750, 1759, 1810, 1820, 1850, 1860, and 1870.
Standard program for the A.B. degree (Mathematical Finance track):
Prerequisites: MATH 0100, 0520.
Course requirements:
Applied Mathematics requirements:
- APMA 0350 and 0360 (APMA 0330 and 0340 may be substituted with advisor approval).
- One course from APMA 0160, CSCI 0040, 0150, 0170
- APMA 1200
- APMA 1650
- One course from APMA 1180, 1330, 1660, 1670, 1680, 1690, 1700, 1720, MATH 1010. (APMA 1720 is most preferred in this list.)
Economics requirements:
- ECON 1130 (or 1110 with permission)
- ECON 1210
- ECON 1630
- Three other 1000-level economics courses. Of the three courses, two must be chosen from the "financial economics" group and one must be chosen from the "mathematical economics" group . The "financial economics" group comprises ECON 1650, 1710, 1720, 1750, 1759, 1760, 1770, and 1790. The "mathematical economics" group comprises ECON 1170, 1465, 1470, 1640, 1650, 1750, 1759, 1810, 1820, 1850, 1860, and 1870. No course may be used to simultaneously satisfy the "financial economics" and the "mathematical economics" requirements.
Standard program for the Sc.B. degree (Mathematical Finance track):
Prerequisites: MATH 0100, 0520.
Course requirements:
Applied Mathematics requirements:
- APMA 0350 and 0360 (APMA 0330 and 0340 may be substituted with advisor approval).
- One course from APMA 0160, CSCI 0040, 0150, 0170
- APMA 1200
- APMA 1650
- Two courses from APMA 1180, 1330, 1660, 1670, 1680, 1690, 1700, 1720, MATH 1010. (APMA 1720 is most preferred in this list.)
Economics requirements:
- ECON 1130 (or 1110 with permission)
- ECON 1210
- ECON 1630
- Five other 1000-level economics courses. Of the five courses, three must be chosen from the "financial economics" group and two must be chosen from the "mathematical economics" group . The "financial economics" group comprises ECON 1650, 1710, 1720, 1750, 1759, 1760, 1770, and 1790. The "mathematical economics" group comprises ECON 1170, 1465, 1470, 1640, 1650, 1750, 1759, 1810, 1820, 1850, 1860, and 1870. No course may be used to simultaneously satisfy the "financial economics" and the "mathematical economics" requirements.
Page last updated in February, 2012.
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