Economics and Mathematics

Photo by Carolyn Lagattuta.

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 required to prepare for an economics doctoral (Ph.D.) program, or for a group of technically demanding professional careers.

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 (or equivalent)

Statistics Content Requirement:

     *Applied Mathematics and Statistics 5, Statistics or
     *Applied Mathematics and Statistics 7/L, Statistical Methods for the Biological, Environmental, and Health Sciences or
     *Computer Engineering 7, Statistical Reasoning in the Age of the Internet

Economics Electives (choose three from the following list):

    * 101, Managerial Economics
    * 114/L, Advanced Quantitative Methods
    * 115, Intro to Management Science
    * 120, Economic Development
    * 121, Economic Growth
    * 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
    * 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
    * 156, Health Care and Medical Economics
    * 159, The Economics of Organizations
    * 160A, Industrial Organization
    * 160B, Government and Industry
    * 161A, Marketing
    * 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
    * 183, Women in the Economy
    * 188, Management in the Global Economy

Courses 191, 192, 193, 193F, 194B, 194F, 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.

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 and 23B, Multivariable Calculus
    * Math 100, Mathematical Proof
    * Math 105A, Real Analysis

Mathematics Electives (choose two from the following list):

    * Mathematics 105B, Real Analysis
    * Mathematics 106, Systems of Ordinary Differential Equations
    * Mathematics 107, Partial Differential Equations
    * Mathematics 114, Introduction to Financial Mathematics
    * Mathematics 117, Advanced Linear Algebra
    * Mathematics 124, Introduction to Topology
    * Mathematics 145/L, Chaos Theory
    * Mathematics 194, Senior Seminar
    * Mathematics 195, Senior Thesis
    * Applied Mathematics and Statistics 114, (ntroduction 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

Additional Requirements:  Disciplinary Communication (DC)
All undergraduate majors must satisfy the campus’ Disciplinary Communication (DC) requirement. The DC requirement in economics is satisfied by completing Economics 104, Is There Truth in Numbers: The Role of Statistics in Economics; or Economics 197, Economic Rhetoric. Students in the combined economics/mathematics major may also satisfy the requirement by completing Mathematics 100, Mathematical Proof, and either Mathematics 194, Senior Seminar, or Mathematics 195, Senior Thesis.

Comprehensive Requirement:
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.

Additional Preparation for the Major:
Students interested in the combined major must meet a minimum 2.8 combined GPA requirement in Economics 1, 2 (and the first calculus course). Transfer students should check for agreements with California community colleges about economics and mathematics 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.