Mathematical Sciences and Economics, B.S.
The B.S. in Mathematical Sciences and Economics is an interdisciplinary major that provides students with courses that complement and develop depth of understanding of economic theory, applied economics, and applied mathematics. The major equips students with the mathematical tools that are essential for success in Ph.D. programs in economics, mathematics, and key functional areas of business including finance, accounting, marketing, and information systems. Students must be enrolled in a B.S. in Mathematical Sciences to apply for the Mathematical Sciences and Economics major.
Acceptance into the major is based on meeting the following requirements:
- Cumulative QPA of at least 3.
- Earned a "B" or better in 21-127 Concepts of Mathematics or 21-128 Mathematical Concepts and Proofs
- Earned a "B" or better in 21-241 Matrices and Linear Transformations
- Completed Principles of Microeconomics waiver, 73-102 Principles of Microeconomics or 73-104 Principles of Microeconomics Accelerated
- Earned a "B" or better in 73-103 Principles of Macroeconomics
- Earned a "B" or better in either 73-230 Intermediate Microeconomics or 73-240 Intermediate Macroeconomics
- Personal statement
Economic Theory Requirements
| Units | ||
| 73-102 | Principles of Microeconomics | 9 |
| or 73-104 | Principles of Microeconomics Accelerated | |
| 73-103 | Principles of Macroeconomics | 9 |
| 73-230 | Intermediate Microeconomics | 9 |
| 73-240 | Intermediate Macroeconomics | 9 |
Quantitative Analysis Requirements
| Units | ||
| 70-207 | Probability and Statistics for Business Applications | 9 |
| or 36-200 | Reasoning with Data | |
| 36-225 | Introduction to Probability Theory | 9 |
| or 36-235 | Probability and Statistical Inference I | |
| or 21-325 | Probability | |
| or 21-425 | Probability and Martingales | |
| 73-265 | Economics and Data Science | 9 |
| 73-274 | Econometrics I | 9 |
| 73-374 | Econometrics II | 9 |
Mathematical Sciences Requirements
| Units | ||
| 21-120 | Differential and Integral Calculus | 10-20 |
| or 21-111 & 21-112 | Differential Calculus and Integral Calculus | |
| 21-122 | Integration and Approximation | 10 |
| 21-127 | Concepts of Mathematics | 12 |
| or 21-128 | Mathematical Concepts and Proofs | |
| 21-228 | Discrete Mathematics | 9-12 |
| or 15-251 | Great Ideas in Theoretical Computer Science | |
| 21-241 | Matrices and Linear Transformations | 11 |
| 21-259 | Calculus in Three Dimensions | 9-12 |
| or 21-256 | Multivariate Analysis | |
| or 21-266 | Vector Calculus using Matrix Algebra | |
| or 21-268 | Multidimensional Calculus | |
| or 21-269 | Vector Analysis | |
| 21-260 | Differential Equations | 9 |
| 21-355 | Principles of Real Analysis I | 9 |
| 21-356 | Principles of Real Analysis II | 9 |
Programming Requirement (10 Units)
| Units | ||
| 15-110 | Principles of Computing | 10 |
| or 15-104 | Introduction to Computing for Creative Practice | |
| or 15-112 | Fundamentals of Programming and Computer Science | |
| or 02-120 | Programming for Scientists | |
Writing Requirement
| Units | ||
| 70-340 | Business Communications | 9 |
Economics Electives (27 Units)
Students must take three economics elective courses. Economics elective courses are those courses numbered 73-300 or higher, (excluding 73-374 Econometrics II). Students are encouraged to work with their advisors to structure a set of courses which meet these requirements based on their particular interests, subject to course availability.
Recommended Economics electives include: 73-315 Market Design , 73-347 Game Theory Applications for Economics and Business, 73-365 Firms, Market Structures, and Strategy, and 73-421 Emerging Markets.
Mathematical Sciences Electives (27 Units)
Students must take three advanced mathematics depth courses. Students are encouraged to work with their advisors to structure a set of courses which meet these requirements based on their particular interests, subject to course availability.
Recommended Mathematical Sciences Depth Electives:
| 21-270 | Introduction to Mathematical Finance | 9 |
| 21-292 | Operations Research I | 9 |
| 21-301 | Combinatorics | 9 |
| 21-341 | Linear Algebra | 9 |
| 21-369 | Numerical Methods | 12 |
| 21-370 | Discrete Time Finance | 9 |
| 21-371 | Functions of a Complex Variable | 9 |
| 21-393 | Operations Research II | 9 |
| 21-420 | Continuous-Time Finance | 9 |
| 21-484 | Graph Theory | 9 |
Senior Work
| 73-497 | Senior Project | 12 |
| or 73-500 & 73-501 | Tepper College Honors Thesis I and Tepper College Honors Thesis II | |
| Note: Students in the B.S. in Mathematical Sciences and Economics who complete an Honors Thesis in economics may use 73-497 (Senior Project) as an economics elective. | ||
Double-Counting Restriction
The 3 economics electives and 3 Mathematical Sciences electives cannot double count with another major or minor.