Mathematics and Economics Major
Program Requirements
- Total Units Required: 57
- Grade Requirement: All required courses (both lower- and upper-level) must be taken for a letter grade and completed with a grade of C– or better.
Required Courses*
| Code | Title | Units |
|---|---|---|
| CSE 1301 | Introduction to Computer Science | 3 |
| ECON 1501 | Introduction to Microeconomics | 3 |
| ECON 1502 | Introduction to Macroeconomics | 3 |
| ECON 3150 Introduction to Econometrics or ECON 4150 Introduction to Econometrics With Writing | 3 | |
| ECON 4001 | Intermediate Microeconomic Theory | 3 |
| ECON 4002 | Intermediate Macroeconomic Theory | 3 |
| MATH 1510 | Calculus I | 3 |
| MATH 1520 | Calculus II | 3 |
| MATH 2130 | Calculus III | 3 |
| MATH 3010 Foundations for Higher Mathematics or MATH 3015 Foundations for Higher Mathematics With Writing | 3 | |
| MATH 3300 | Matrix Algebra | 3 |
| SDS 3020 Elementary to Intermediate Statistics and Data Analysis or SDS 3030 Statistics for Data Science I or SDS 4010 Probability | 3 | |
| Total Units | 36 | |
- *
Students who complete the MATH 2801 Honors Mathematics I and MATH 2802 Honors Mathematics II sequence will be considered to have completed MATH 1510, MATH 1520, and MATH 2130. These students are also recommended to bypass MATH 3010/MATH 3015 and MATH 3300, for which they may substitute any other upper-level Mathematics courses.
Elective Courses
Majors must complete seven electives drawn from the lists below. Three electives must be drawn from the Economics list, and three electives must be drawn from the Mathematics list. The remaining elective may come from either department or from the preapproved elective list below.
Economics
One of the three Economics electives can be any Economics course with ECON 4001 or ECON 4002 as a prerequisite, including from an approved study abroad program. The other two Economics electives must come from the following list:
| Code | Title | Units |
|---|---|---|
| ECON 4151 | Applied Econometrics | 3 |
| ECON 4160 | Topics in Econometrics: Microeconometrics | 3 |
| ECON 4210 | Topics in Financial Economics: Asset Pricing | 3 |
| ECON 4211 | Topics in Financial Economics: Investments | 3 |
| ECON 4220 | Open Economy Macroeconomics | 3 |
| ECON 4230 | The Economics of Financial Intermediation | 3 |
| ECON 4310 | Behavioral Economics and Experimental Economics | 3 |
| ECON 4312 | Game Theory and Social Behavior | 3 |
| ECON 4315 | Market Design | 3 |
| ECON 4325 | Public Finance | 3 |
| ECON 4335 | Industrial Organization | 3 |
| ECON 4345 | Labor Economics | 3 |
| ECON 4360 | Urban Economics | 3 |
| ECON 4380 | Current Topics in Health Economics | 3 |
| ECON 4410 | Macroeconomics of Inequality | 3 |
| ECON 4420 | Computational Macroeconomics | 3 |
| ECON 4425 | Macro Public Finance: Inequality, Redistribution, and Insurance | 3 |
| ECON 4510 | Development Economics | 3 |
| ECON 4567 | Auction Theory and Practice | 3 |
| ECON 4710 | Game Theory | 3 |
| ECON 4720 | Optimization and Economic Theory | 3 |
Mathematics
The three Mathematics electives must come from the following list:
| Code | Title | Units |
|---|---|---|
| MATH 3180 | Introduction to Calculus of Several Variables * | 3 |
| MATH 3420 | Graph Theory | 3 |
| MATH 3520 | Differential Equations and Dynamical Systems * | 3 |
| MATH 4101 | Introduction to Analysis | 3 |
| MATH 4102 | Introduction to Lebesgue Integration | 3 |
| MATH 4150 | Introduction to Fourier Series and Integrals | 3 |
| MATH 4160 | Complex Variables | 3 |
| MATH 4301 | Linear Algebra | 3 |
| MATH 4501 | Numerical Applied Mathematics | 3 |
| MATH 4502 | Topics in Applied Mathematics | 3 |
| MATH 4540 | Partial Differential Equations | 3 |
| MATH 4560 | Topics in Financial Mathematics | 3 |
| SDS 4010 | Probability * | 3 |
| SDS 4720 | Stochastic Processes | 3 |
- *
Students choosing both MATH 3180 and MATH 3520 must complete four Mathematics electives from the list above. SDS 4010 can be taken for elective credit in the major if SDS 3020 or SDS 3030 is completed to satisfy the core requirements.
Preapproved Electives
One elective in the major can come from the following list:
| Code | Title | Units |
|---|---|---|
| SDS 4020 | Mathematical Statistics | 3 |
| SDS 4110 | Experimental Design | 3 |
| SDS 4155 | Time Series Analysis | 3 |
| SDS 4130 | Linear Statistical Models | 3 |
| SDS 4140 | Advanced Linear Statistical Models | 3 |
| SDS 4210 | Statistical Computation | 3 |
| SDS 4310 | Bayesian Statistics | 3 |
| SDS 4430 | Statistical Learning | 3 |
| SDS 4440 | Mathematical Foundations of Data Science | 3 |
Additional Information
- Students cannot declare more than one major or minor in the Department of Economics. This restriction includes dual majors, such as Mathematics and Economics (and Economics and Computer Science). Dual majors are considered "in the department" even if they are declared in another department.
- It is possible to earn the Financial Economics Specialization in conjunction with this major (prime or second).
- With instructor permission, students may use any of the following for economics elective credit: ECON 8010, ECON 8011, ECON 8020, ECON 8021, ECON 8115, or ECON 8710.
- AP credit for ECON 1501, ECON 1502, MATH 1510, and/or MATH 1520 is accepted in the major. Consult with the Department of Mathematics and the Department of Economics for International Baccalaureate and British A-level policies.
Study Abroad
- Majors selecting an approved study abroad program (for one semester) may receive transfer credit for ECON 3150. Note: Many study abroad programs in Europe do not offer the equivalent of ECON 3150 in the spring semester. A grade of C (or higher) is required in study abroad coursework. Preapproval from the Department of Economics’ study abroad advisor is required.
- Majors selecting an approved study abroad program (for one semester) may also receive transfer credit for up to two economics electives. (Majors completing two economics electives abroad are required to complete four economics electives in the major.) A grade of C (or higher) is required in study abroad course work. Preapproval from the department's study abroad advisor is required.
- Majors selecting an approved study abroad program for a full year of study will be handled on a case-by-case basis in terms of meeting degree requirements.
Transfer Credit
- Transfer credit, including study abroad approval, for mathematics courses, for probability/statistics courses, or for CSE 1301 is approved by the respective departments and is accepted by the Department of Economics for major credit.
- Majors may receive a maximum of 6 units of transfer credit from other colleges/universities to replace ECON 1501 and ECON 1502 (3 units of transfer credit per course). A minimum grade of C– must be earned. Preapproval by the Academic Coordinator in the Department of Economics is required.
For further details on policies and procedures, please refer to the Undergraduate Guide and the Department of Economics' website, or schedule a meeting with the department's Academic Coordinator.
Contact Info
| Contact: | Dorothy Petersen, Academic Coordinator |
| Phone: | 314-935-5644 |
| Email: | dottie@wustl.edu |
| Website: | http://economics.wustl.edu |