Mathematical Economics Requirements
*These requirements are valid from July 1, 2015 onwards
Objective
Students majoring in MathematicalEconomics 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.
MathematicalEconomics 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 allcollege 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)
EC 201 
Economic Theory I 
1 unit 
EC 301 
Microeconomic Theory II 
1 unit 
EC 302 
Macroeconomic Theory II 
1 unit 
EC 403 
Econometric Theory 
1 unit 
Total 
4 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 
EC405 
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:

1 unit 
C. EC 496  Senior Thesis in Mathematical Economics (2 units total)
Total Minimum Required Courses: 15 units
This is the Department of Economics and Business
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