# Mathematical Economics

The Departments of Economics and Mathematics offer the Bachelor of Arts in Mathematical Economics program as a platform for systematic concentration in the mathematical approach to economics. Economics has progressed in the last several decades by making extensive use of mathematical techniques. As a result, students who wish to pursue graduate study in economics, finance, accounting and other disciplines that make an extensive use of economics need a thorough grounding in both economics and mathematics. The Mathematical Economics curriculum provides this grounding with a broad selection of courses that cover all important areas of economics and the mathematical tools required for a critical, deep mastery of these areas. This program is especially recommended for those students who intend to pursue graduate studies in Economics.

**Contact Information:**

William Stull, Chair, Economics

Ritter Annex, Room 803

215-204-5022

stull@temple.edu

Dr. Irina Mitrea, Chair, Mathematics

Wachman Hall, Room 640

215-204-6741

imitrea@temple.edu

Dr. Dimitrios Diamantaras, Advisor, Economics

Ritter Annex, Room 883

215-204-8169

dimitrios.diamantaras@temple.edu

Dr. Boris Datskovsky, Director of Advising and Coordinated Courses, Mathematics

Wachman Hall, Room 632

215-204-7847

mathadvising@temple.edu

Dr. Maria E. Lorenz, Director of Undergraduate Studies, Mathematics

Wachman Hall, Room 610

215-204-7852

mathadvising@temple.edu

## Summary of Requirements for the Degree

- University Requirements (123 total s.h.)
- MATH 0701 and/or ENG 0701, if required by placement testing.
- All Temple students must take a minimum of two writing-intensive courses as part of their major. All students must take ECON 3598 as their capstone experience. The following is a list of courses that can be used to satisfy the remaining writing-intensive requirement:
Course List Code Title Credit Hours ECON 3596 Energy, Ecology, and Economy 3 ECON 3597 Health Economics 3 ECON 3696 Behavioral Economics 3 ECON 3697 The Economics of Sports 3 ECON 3698 Economic Inequality 3 MATH 3096 Introduction to Modern Algebra 3 or MATH 3098 Modern Algebra MATH 4096 Senior Problem Solving 3 - Students must complete the General Education (GenEd) requirements. Students who complete this major typically receive a waiver for 1 Quantitative Literacy (GQ) GenEd course.

- College Requirements
- 90 credits within the College of Science & Technology (CST) or the College of Liberal Arts (CLA).
- 45 Upper-Level (2000+) credits within the College of Science & Technology (CST) or the College of Liberal Arts (CLA).
- Two (2) Upper-Level (2000+) Liberal Art courses.
- Second (2nd) Level of a Foreign Language (1002).

- Major Requirements for Bachelor of Arts (60-62 s.h.)
Course List Code Title Credit Hours Computer & Information Science Select one of the following: 3-4 Introduction to Problem Solving and Programming in Python or CIS 1951Honors Introduction to Problem Solving and Programming in Python Computer Programming in C Program Design and Abstraction or CIS 1968Honors Program Design and Abstraction Computing in MATLAB

and Applications in MATLABMathematics MATH 1041 Calculus I 4 or MATH 1941 Honors Calculus I MATH 1042 Calculus II 4 or MATH 1942 Honors Calculus II MATH 2043 Calculus III 4 or MATH 2943 Honors Calculus III MATH 2101 Linear Algebra 3 MATH 2111 Basic Concepts of Math 3 MATH 3031 Probability Theory I 3 MATH 3032 Mathematical Statistics (S) 3 Select one of the following sequences: 6-7 Numerical Analysis I

and Numerical Analysis IIReal & Complex Analysis I

and Real & Complex Analysis IIAdvanced Calculus I

and Advanced Calculus IIOne Mathematics elective at the 3000 level or above ^{1,2}3 Economics ECON 1102 Microeconomic Principles 3 or ECON 1902 Honors Microeconomic Principles ECON 3501 Intermediate Microeconomic Analysis 3 or ECON 3701 Intermediate Microeconomic Analysis with Calculus ECON 3502 Intermediate Macroeconomic Analysis 3 or ECON 3702 Intermediate Macroeconomic Analysis with Calculus ECON 3503 Introduction to Econometrics 3 or ECON 3703 Econometric Theory ECON 3504 Mathematical Economics 3 ECON 3598 Economics Writing Seminar 3 Two Economics electives at the 3000 level or above, with permission from advisor ^{2}6 Total Credit Hours 60-62 Course List Code Title Credit Hours (F) - Fall only course. (S) - Spring only course. ^{1}MATH 2041, MATH 2941, MATH 2045, or MATH 2121 may be used to fulfill the Mathematics elective at the 3000 level or above.

^{2}One of the Mathematics or Economics electives must be a writing-intensive course in order to satisfy the University requirement that each student must fulfill two writing-intensive courses within the major.

## Residency Requirements

Students must satisfy general Temple University residency requirements.

At least 10 courses required for the major must be completed at Temple. At least 5 Mathematics courses and 4 Economics courses must be completed at Temple.

## Distinction in Major

For distinction in Mathematical Economics a student must have an overall GPA of 3.25 or higher. A student must also have a GPA of 3.50 or higher in the 3000+ Mathematics courses, and a GPA of 3.60 or higher in the 3000+ Economics courses.

## Suggested Academic Plan

### Bachelor of Arts in Mathematical Economics

#### Requirements for New Students starting in the 2021-2022 Academic Year

Year 1 | ||
---|---|---|

Fall | Credit Hours | |

Select one of the following: | 3-4 | |

Introduction to Problem Solving and Programming in Python | ||

Computer Programming in C | ||

Program Design and Abstraction | ||

Computing in MATLAB | ||

MATH 1041 or 1941 | Calculus I | 4 |

General Education/Elective Credits^{1} | 8-7 | |

Term Credit Hours | 15 | |

Spring | ||

ECON 1102 or 1902 | Microeconomic Principles | 3 |

MATH 1042 or 1942 | Calculus II | 4 |

General Education/Elective Credits | 9 | |

Term Credit Hours | 16 | |

Year 2 | ||

Fall | ||

ECON 3501 or 3701 | Intermediate Microeconomic Analysis | 3 |

MATH 2043 or 2943 | Calculus III | 4 |

General Education/Elective Credits | 9 | |

Term Credit Hours | 16 | |

Spring | ||

ECON 3502 or 3702 | Intermediate Macroeconomic Analysis | 3 |

MATH 2111 | Basic Concepts of Math | 3 |

General Education/Elective Credits | 9 | |

Term Credit Hours | 15 | |

Year 3 | ||

Fall | ||

3000+ Economics Elective, with permission from advisor^{2} | 3 | |

MATH 2101 | Linear Algebra | 3 |

MATH 3031 | Probability Theory I | 3 |

General Education/Elective Credits | 6 | |

Term Credit Hours | 15 | |

Spring | ||

ECON 3504 | Mathematical Economics | 3 |

MATH 3032 | Mathematical Statistics (S) | 3 |

3000+ Mathematics Elective^{2,3} | 3 | |

General Education/Elective Credits | 6 | |

Term Credit Hours | 15 | |

Year 4 | ||

Fall | ||

ECON 3503 or 3703 | Introduction to Econometrics | 3 |

Select one of the following:^{4} | 3-4 | |

Numerical Analysis I (F) | ||

Real & Complex Analysis I | ||

Advanced Calculus I | ||

General Education/Elective Credits | 10-9 | |

Term Credit Hours | 16 | |

Spring | ||

ECON 3598 | Economics Writing Seminar [WI] | 3 |

3000+ Economics Elective, with permission from advisor^{2} | 3 | |

Select one of the following:^{4} | 3 | |

Numerical Analysis II | ||

Real & Complex Analysis II | ||

Advanced Calculus II | ||

General Education/Elective Credits | 6 | |

Term Credit Hours | 15 | |

Total Credit Hours: | 123 |

Code | Title | Credit Hours |
---|---|---|

(F) - Fall only course | ||

(S) - Spring only course |

^{1} | All students in the College of Liberal Arts are required to take a 1 credit seminar in professional development. CLA 1002 Professional Development for Liberal Arts Majors is the appropriate course option for this major. Other courses that fulfill this requirement are ENG 1801 Career Seminar and PSY 1002 Careers in Psychology. |

^{2} | One of the Mathematics or Economics electives must be a writing-intensive course in order to satisfy the University requirement that each student must fulfill two writing-intensive courses within the major. |

^{3} | MATH 2041, MATH 2941, MATH 2045, or MATH 2121 may be used to fulfill the Mathematics elective at the 3000 level or above. |

^{4} | You must complete the year-long sequence of either MATH 3043 and MATH 3044; or MATH 3137 and MATH 3138; or MATH 3141 and MATH 3142. |