Economics/Mathematics

ECONOMICS AND MATHEMATICS

The major in Economics and Mathematics is designed to meet the needs of undergraduate students who plan to pursue doctoral study in economics or business, or who wish to pursue a career as an actuary or other profession requiring a sophisticated understanding of economics and mathematics. The major combines the main undergraduate content of both Economics and Mathematics within a programmatic structure that joins the two disciplines. It provides a coursework combination necessary to prepare for a modern Economics PhD program, or for a technically demanding professional career.

A DETAILED DESCRIPTION OF THE ECONOMICS AND MATHEMATICS MAJOR
The following is the basic outline of the course requirements.

Economics Required Courses:

    * 1 Introduction to Microeconomics
    * 2 Introduction to Macroeconomics
    * 100A or (100M) Intermediate Microeconomics
    * 100B or (100N) Intermediate Macroeconomics
    * 113 Introduction to Econometrics
    * Applied Math & Statistics 5* Statistics

Economics Electives (choose three from the following list):

    * 101 (Managerial Economics)
    * 102 (Forecasting)
    * 106 (Evolutionary Thought in the Social Sciences)
    * 107 (Economic Justice)
    * 114 (Advanced Quantitative Methods)
    * 115 (Intro to Management Science)
    * 120 (Economic Development)
    * 125 (Economic History of the U.S.)
    * 126 (Why Economies Succeed or Fail)
    * 128 (Poverty and Public Policy)
    * 130 (Money and Banking)
    * 131 (International Financial Markets)
    * 133 (Security Markets and Financial Institutions)
    * 135 (Corporate Finance)
    * 136 (Business Strategy)
    * 137 (Performing Arts in the Public and Private Economy)
    * 138 (Economics and Management of Technology and Innovation)
    * 139A (Economics of Electronic Commerce)
    * 139B (E-Commerce Strategy)
    * 140 (International Trade)
    * 141 (International Finance)
    * 142 (Advanced Topics in International Finance)
    * 148 (Latin American Economies)
    * 149 (The Economies of East and Southeast Asia)
    * 150 (Public Finance)
    * 152 (Setting Domestic Priorities)
    * 153 (Cost-Benefit Analysis)
    * 156 (Health Care and Medical Economics)
    * 160A (Industrial Organization)
    * 161A (Marketing)
    * 162 (Legal Environment of Business)
    * 164 (Economics and the Telecommunications Industry)
    * 165 (Economics as an Experimental Science)
    * 166A (Game Theory and Applications I)
    * 166B (Game Theory and Applications II)
    * 169 (Economic Analysis of the Law)
    * 170 (Environmental Economics)
    * 171 (Natural Resource Economics)
    * 175 (Energy Economics)
    * 180 (Labor Economics)
    * 181 (Economics of Real Estate)
    * 183 (Women in the Economy)
    * 184 (Labor Wars in Theory and Film)
    * 188 (Management in the Global Economy)
    * 189 (Political Economy of Capitalism)

Mathematics Required Courses:

    * Math 19A Calculus for Science, Engineering and Mathematics
    * Math 19B Calculus for Science, Engineering and Mathematics
    * Math 21 Linear Algebra
    * Math 22 Calculus of Several Variables or 23A-B, Multivariable Calculus
    * Math 100 Mathematical Proof
    * Math 105A Real Analysis

Mathematics Electives (choose two from the following list):

    * Math 106 (Systems of Ordinary Differential Equations)
    * Math 107 (Partial Differential Equations)
    * Math 114 (Introduction to Financial Mathematics)
    * Math 117 (Advanced Linear Algebra)
    * Math 145/L (Chaos Theory)
    * Math 194 (Senior Seminar)
    * Applied Mathematics and Statistics 114 (Introduction to Dynamical Systems)
    * Applied Mathematics and Statistics 131 (Introduction to Probability Theory)
    * Applied Mathematics and Statistics 132 (Statistical Inference)
    * Applied Mathematics and Statistics 147 (Computational Methods and Applications)
    * Applied Mathematics and Statistics 162 (Design and Analysis of Computer Simulation Experiments)

Additional Requirements:  Disciplinary Communication (DC)
Students of every major must satisfy that major’s upper-division Disciplinary Communication (DC) requirement.  The DC requirement in economics is satisfied by completing either ECON 197, Economic Rhetoric, or ECON 104, Is There Truth in Numbers: The Role of Statistics in Economics, or Mathematics 100, Introduction to Proof and Problem Solving, and either Mathematics 194, Senior Seminar, or Mathematics 195, Senior Thesis.

*AMS 7, Statistical Methods for the Biological, Environmental, and Health Sciences, is an acceptable equivalent to AMS 5.

Courses 104, 191, 192, 193, 193F, 197, 198, and 198F may not be used to meet major requirements. Either course 195 or 199 may be used to fill one of the upper-division major requirements.

Comprehensive Requirement:
In addition to successfully completing program requirements, students need to satisfy the comprehensive requirement for this major; this can be satisfied by one of the following options:

      a. Mathematics 194 or 195;

      b. The comprehensive requirement for the economics major and the combined economics/mathematics major is satisfied by passing the following intermediate core courses with grades of C or better here at UCSC: Economics 100A or 100M, and 100B or 100N, and 113. Students may elect to complete a senior thesis with consent of an instructor in addition to completing the intermediate core courses.

Major Admission Requirements:
Although there are no specific requirements, high school students are encouraged to take four years of high school mathematics and an economics class. Transfer students are encouraged to complete as many lower-division (mathematics and economics) courses as they can at their junior college.

The qualification requirements for the Economics and Mathematics major are the same as for the other economics major programs.

Additional Preparation for the Major:
For 2013 Frosh:  Students interested in the combined major must meet a minimum 2.8 combined GPA requirement in Economics 1, 2 and one of the following calculus courses: Econ/AMS 11A (Mathematical Methods for Economists), or Math 11A (Calculus with Applications), or Math 19A (Calculus for Science, Engineering, and Mathematics). (Continuing students are under GPA requirement of Econ. 1 and Econ. 2) Transfer students should check assist.org for agreements with California community colleges about economics and math courses. Students who have met all articulations before transferring will need at least six economics and four to five mathematics classes at UCSC to complete the major.