July 2015 MATHEMATICAL ECONOMICS MAJOR DEPARTMENT OF ECONOMICS AND BUSINESS and DEPARTMENT OF MATHEMATICS THE COLORADO COLLEGE OBJECTIVES Students majoring in Mathematical-Economics 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. PREREQUISITES 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 MA 129 – Calculus 2 EC 201 – Economic Theory 1 unit 1 unit 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. DISTINCTION IN MATHEMATICAL ECONOMICS is awarded by action of both Departments (Math and Economics/Business) to up to the top 20% of graduating majors based on their GPA within the major with the provision that they have also received an A in Senior Thesis. I have received a copy of the instructions, understand the College and Departmental requirements and understand that, if departmental requirements are changed after I declare a Mathematical Economics major, they will not be retroactive unless I so choose. PRINT name Student's Signature Advisor Date Student ID No. Worner Box No. Class (Graduation Year) COURSE OF STUDY FOR THE MATHEMATICAL ECONOMICS MAJOR To graduate as a Mathematical Economics major, students must pass the all-college 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 MA 129 MA 217 MA 220 MA 315 Calculus 1 or equivalent as approved by Math Department Calculus 2 or equivalent as approved by Math Department Probability and Statistical Modeling Linear Algebra Ordinary Differential Equations 1 unit 1 unit 1 unit 1 unit 1 unit 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 EC 301 EC 302 EC 403 B. Economic Theory I Microeconomic Theory II Macroeconomic Theory II Econometric Theory 1 unit 1 unit 1 unit 1 unit 4 units Electives (4 units total) 1. Economics elective At least one elective from the following list, or other as approved in advance by the Economics and Business Department Chair. EC317 EC343 EC344 EC346 EC347 EC371 EC372 EC377 Investments Environmental Economics II Industrial Organization Economics of Labor Economics of International Trade Money, Banking, and Financial Markets Economic Development Economics of International Finance 1 unit 2. Mathematics elective At least one elective from the following list, or other as approved in advance by the Mathematics Department Chair. MA313 MA316 MA318 MA325 MA340 MA375 MA410 MA417 : Probability Partial Differential Equations Numerical Analysis Graph Theory Topics in Mathematics: Mathematical Modeling Mathematical Analysis Complex Analysis Mathematical Statistics 1 unit 3. Mathematical Economics elective At least one elective from the following list, or other as approved in advance by the Economics Department Chair. EC404 EC305 EC406 EC407 Advanced Topics in Mathematical Economics Mathematical Economics of Addiction Mathematical Economics of Game Theory Mathematical Economics of Growth 1 unit 4. Additional Mathematical Economics or Mathematics elective At least one additional elective from either: the Mathematics electives (part B #2) or Mathematical Economics electives (part B #3) category. C. 1 unit EC 496 - Senior Thesis in Mathematical Economics (2 units total)