The concentration in quantitative economics and econometrics provides the background needed to analyze economic issues, explore theories, and generate predictions using statistical procedures and mathematical models. The major incorporates a balance of economic theory, mathematical tools, and field applications, while emphasizing the development of analytical skills. The mathematical courses build the background needed for the understanding of how calculus and linear algebra techniques are used to derive the main results from mathematical models of economic behavior. The economics courses support students’ understanding of economic relationships between businesses, households, and government while focusing on the application of theory to practice. Students are required to take statistics and econometrics courses to learn to use data to empirically test the theories studied.
As the field of economics has evolved to emphasize technical and quantitative methods and arguments, this major provides the background recommended for students contemplating graduate study in economics and related fields or pursuing jobs in highly analytical career fields.
|MATH 1501 Calculus I (replaces the MATH 1205 requirement in the core)||4|
|MATH 1511 Calculus II||4|
|MATH 2511 Calculus III||4|
|MATH 1611 Discrete Mathematics||3|
|BITM 2701 Management Information Systems||3|
|BQUA 2811 Business Statistics (or MATH 2711)||3|
|BQUA 2812 Quantitative Decision Making||3|
|MATH 2810 Linear Algebra and Differential Equations||4|
|ECON 1402 Principles of Economics I||3|
|ECON 1403 Principles of Economics II||3|
|ECON 2420 Intermediate Microeconomic Analysis||3|
|ECON 2421 Intermediate Macroeconomic Analysis||3|
|ECON 4420 Econometrics||3|
|ECON XXXX Electives in Economics (2 additional 3000+ level courses)||6|
To concentrate in quantitative economics, students must earn at least a "C-" in each individual ECON and MATH course and earn at least a 2.5 grade point average for all major requirements courses.
A maximum of one major course can be taken as an independent study.
This major cannot be taken as a double major with the B.S. in Economics degree (you can only take one of those two degrees).
Total of 49 Credits Required (6 of these courses are part of the Stillman Core)
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