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Quantitative Economics

The information on this page pertains to program requirements for students who matriculated in the 2019-2020 academic year.  View requirements for previous catalog years here.

Program 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.

Two degree plans are offered: a Bachelor of Science in Business Administration (B.S.B.A.) with a major in Quantitative Economics and a Bachelor of Arts (B.A.) with a major in Quantitative Economics. 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.


Quantitative Economics Major Requirements - Bachelor of Arts

The quantitative economics major requires 21 credits of mathematics, 6 credits of statistics, and 24 credits of economics. All students must complete the following, in addition to fulfilling the requirements of the Drake Curriculum.

Course Credits
ACTS 131 - Introduction to Probability I 3
ACTS 131L - Introduction to Probability I Lab .5
ACTS 135 - Mathematical Statistics 3
ECON 002 - Principles of Microeconomics 3
ECON 010 - Principles of Macroeconomics 3
ECON 170 - Introduction to Econometrics, or
STAT 170 - Statistical Modeling and Data Analysis II
3
ECON 173 - Intermediate Microeconomics Analysis 3
ECON 174 - Intermediate Macroeconomics Analysis 3
ECON 190 - Seminar in Economics 3
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 - Math 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
Electives - Select two ECON courses numbered 100 or higher
6
TOTAL 51.5

Quantitative Economics Major Requirements - Bachelor of Science in Business Administration

The Bachelor of Science in Business Administration requires students to complete the Business Core courses. (Note that there is some overlap with the major.)

Course Credits
Business Core Courses
ACCT 041 - Introduction to Financial Accounting 3
ACCT 042 - Introduction to Managerial Accounting 3
BUS 195 - Business Strategy and Policy 3
BLAW 060 - Business Law I 3
BUS 001, 002, 003, 004, 005 - The Business Profession I-V 0
BUS 070 - Globalization 3
BUS 073 - Professional Verbal Communications 2
BUS 074 - Professional Written Communications 2
ECON 002 - Principles of Microeconomics 3
IS 044 - Microsoft Office Tools for Business Analysis 2
IS 075 - Information Technology and Business 3
FIN 101 - Corporate Finance 3
MATH 028 - Business Calculus (or higher) 3
MGMT 110 - Organizational Behavior 3
MGMT 120 - Management of Operations 3
MKTG 101 - Marketing Principles 3
ACTS 131 - Introduction to Probability I 3
ACTS 131L - Introduction to Probability I Lab .5
ACTS 135 - Mathematical Statistics 3
Quantitative Economics Major Courses
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 - Math 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
ECON 010 - Principles of Macroeconomics 3
ECON 170 - Introduction to Econometrics, or
STAT 170 - Statistical Modeling and Data Analysis II
3
ECON 173 - Intermediate Microeconomics Analysis 3
ECON 174 - Intermediate Macroeconomics Analysis 3
ECON 190 - Seminar in Economics 3
Electives - Select two ECON courses numbered 100 or higher 6
TOTAL 90.5

 


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