Quantitative Economics

Available Options

Economics department web site

Math and Computer Science department (within the College of Arts and Sciences) web site


Program Overview

Quantitative economics is a joint program of the College of Business and Public Administration (CBPA) and the Mathematics Department of the College of Arts and Sciences. The program offers integrated study in mathematics, statistics, and economics. The program is designed to prepare students for graduate study in economics (M.A. or Ph.D. programs) or business (Ph.D. programs or quantitatively oriented M.B.A. programs). The program also prepares students for research-oriented jobs in government, business or consulting.

Students who choose the B.A. degree may enroll in either the CBPA or the College of Arts and Sciences.  Students who choose the B.S.B.A. degree should enroll in the CBPA.


Requirements for Major

The quantitative economics major requires 21 credits of mathematics, 6 credits of statistics, and 21 credits of economics. All students must complete the following, in addition to fulfilling the requirements of the Drake Curriculum.

Course

Credits

Mathematics

 

MATH 050 - Calculus I

4

MATH 070 - Calculus II

4

MATH 080 - Linear Algebra

3

MATH 100 - Calculus III

4

Electives - select two courses from the following:

 

MATH 101 – Mathematical Reasoning

3

MATH 110 - Multivariate Calculus

3

MATH 120 - Applied Differential Equations I

3

MATH 125 - Mathematical Modeling

3

MATH 127 - Introduction to Game Theory

3

MATH 176 - Advanced Linear Algebra

3

MATH 184 - Introduction to Real Analysis

3

Courses in differential equations are especially recommended for students interested in an advanced degree in mathematical financial economics.

 

Statistics

 

ACTS 131 and ACTS 131L - Introduction to Probability I

3.5

STAT 072 - Statistics II, or

ACTS 141 - Statistical Modeling and Data Analysis I

3

Economics

 

ECON 002 - Principles of Microeconomics

3

ECON 010 - Principles of Macroeconomics

3

ECON 170 - Introduction to Econometrics, or

ACTS 170 - Statistical Modeling and Data Analysis II

3

ECON 173 - Intermediate Microeconomics

3

ECON 174 - Intermediate Macroeconomics

3

Electives - Select two courses in economics at the 100-level

 

Capstone - Choose one of the following, depending on the college

 

MATH 191 - Mathematics Capstone - For students in College of Arts and Sciences

1

ECON 190 - Seminar in Economics - For students in the College of Business and Public Administration

3

All candidates must also satisfy the requirements of the Drake Curriculum.  Students earning the B.S.B.A. degree also must complete the required business core curriculum set by the College of Business and Public Administration. Students earning the B.S. degree in Quantitative Economics must complete special requirements set by the College of Arts and Sciences.

 

 


2016-2017 Drake University Undergraduate Catalog
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