Department of Economics
Combined
Applied Mathematics-Economics Concentration
Economics offers joint concentrations with Applied Math, Computer Science, and Mathematics. The philosophy of this program is to provide sufficient command of mathematical concepts to allow pursuit of an economics program emphasizing modern research problems. Economic theory has come to use more and more mathematics in recent decades, and empirical research in economics has turned to sophisticated statistical techniques. The applied mathematics-economics concentration is designed to reflect the mathematical and statistical nature of modern economic theory and empirical research.
Tracks
This concentration comes in two flavors, or tracks. The first is the advanced economics track, which is intended to prepare students for graduate study in economics. The second is the mathematical finance track, which is intended to prepare students for graduate study in finance, or for careers in finance or financial engineering. Both tracks of the applied mathematics-economics concentration have A.B. degree versions and Sc.B. degree versions. Also note that for each degree version and track there is a parallel professional track, which differs from the regular track by requiring completion of two internship or similar experiences.
Honors
It is strongly recommended to those considering applying to a Ph.D. program in economics to write an honors thesis or at least to conduct some research with a faculty member that can be credited as a senior capstone project. Doing so will help the student obtain a better sense of what scholarly research in economics is like, and should have the extra benefit of leading to a relationship with a faculty member who will know you well enough to write a letter of recommendation for you, an important part of your application package. We encourage all students in this concentration to write a thesis or complete a capstone project.
Requirements
Computer Science-Economics Concentration
The joint computer science-economics concentration exposes students to both theoretical and practical connections between computer science and economics. The intent of this concentration is to prepare students for either academic careers conducting research in areas that emphasize the overlap between the two fields; or professional careers that incorporate aspects of economics and computer technology.
The concentration is offered in two versions, the A.B. and the Sc.B. While the A.B. degree allows students to explore the two disciplines by taking advanced courses in both departments, its smaller number of required courses is compatible with a liberal education. The Sc.B. degree achieves greater depth in both computer science and economics by requiring more courses, and it offers students the opportunity to creatively integrate both disciplines through a design requirement. Also note that for each degree version there is a parallel professional track, which differs from the regular track by requiring completion of two internship or similar experiences.
Requirements
Mathematics-Economics Concentration
Designed to give a background in economic theory plus the mathematical tools needed to analyze and develop additional theoretical constructions. Emphasis is on the abstract theory itself. Like the Applied Math – Economics concentration, this concentration can also prepare a student to go on to the study of economics at the graduate level. Concentrators are urged to write an honors thesis or engage in a capstone research project.