The Mathematical Economics concentration is designed to give a background in economic theory plus the mathematical tools needed to analyze and develop additional theoretical constructions. The emphasis is on the abstract theory itself.
Standard Mathematics-Economics Concentration (through the class of 2015):
| Economics | ||
| ECON 1130 | Intermediate Microeconomics (Mathematical) Or ECON 1110 with permission | 1 |
| ECON 1210 | Intermediate Macroeconomics | 1 |
| ECON 1630 | Econometrics I | 1 |
| At least three other 1000-level courses, at least two must be chosen from the following "mathematical-economics" group: | 3 | |
| Welfare Economics | ||
| Advanced Macroeconomics: Monetary, Fiscal, and Stabilization Policies | ||
| Market Design: Theory and Applications | ||
| Bargaining Theory and Applications | ||
| Econometrics II | ||
| Financial Econometrics | ||
| Investments II | ||
| Data, Statistics, Finance | ||
| Economics and Psychology | ||
| Behavioral Economics | ||
| Theory of Economic Growth | ||
| The Theory of General Equilibrium | ||
| Game Theory and Applications to Economics | ||
| Mathematics | ||
| At least two calculus courses through MATH 0180 or its equivalent. | 2 | |
| MATH 0520 | Linear Algebra | 1 |
| or MATH 0540 | Honors Linear Algebra | |
| Select one of the following Options: | 3 | |
Option A | ||
| Probability | ||
| Mathematical Statistics | ||
One course from the "advanced mathematics" group, as follows: | ||
| Analysis: Functions of One Variable | ||
| Ordinary Differential Equations | ||
| Partial Differential Equations | ||
| Functions of Several Variables | ||
| Functions Of Several Variables | ||
Option B | ||
| Statistical Inference I | ||
Two courses from the "advanced mathematics" group, as follows: | ||
| Analysis: Functions of One Variable | ||
| Ordinary Differential Equations | ||
| Partial Differential Equations | ||
| Functions of Several Variables | ||
| Functions Of Several Variables | ||
| Total Credits | 12 | |
Standard Mathematics-Economics Concentration (class of 2016 and beyond):
| Economics | ||
| ECON 1130 | Intermediate Microeconomics (Mathematical) Or ECON 1110 with permission | 1 |
| ECON 1210 | Intermediate Macroeconomics | 1 |
| ECON 1630 | Econometrics I | 1 |
| Two courses from the "mathematical-economics" group: 1 | 2 | |
| Welfare Economics | ||
| Advanced Macroeconomics: Monetary, Fiscal, and Stabilization Policies | ||
| Market Design: Theory and Applications | ||
| Bargaining Theory and Applications | ||
| Econometrics II | ||
| Financial Econometrics | ||
| Investments II | ||
| Data, Statistics, Finance | ||
| Economics and Psychology | ||
| Behavioral Economics | ||
| Theory of Economic Growth | ||
| The Theory of General Equilibrium | ||
| Game Theory and Applications to Economics | ||
| One course from the "data methods" group: 1 | 1 | |
| Economics of Education: Research | ||
| Labor Economics | ||
| Health Economics | ||
| Research Methods for Economists | ||
| Urban Economics | ||
| Economic Development | ||
| The Economic Analysis of Institutions | ||
| Health, Hunger and the Household in Developing Countries | ||
| Econometrics II | ||
| Financial Econometrics | ||
| Data, Statistics, Finance | ||
| Finance, Regulation, and the Economy: Research | ||
| Two additional 1000-level economics courses | 2 | |
| Mathematics | ||
| Calculus: MATH 0180 or higher | 1 | |
| Linnear Algebra - one of the following: | 1 | |
| Linear Algebra | ||
| Honors Linear Algebra | ||
| Probability Theory - one of the following: | 1 | |
| Probability | ||
| Mathematical Statistics | ||
| Statistical Inference I | ||
| Analysis - one of the following: | 1 | |
| Analysis: Functions of One Variable | ||
| Functions of Several Variables | ||
| Functions Of Several Variables | ||
| Differential Equations - one of the following: | 1 | |
| Ordinary Differential Equations | ||
| Partial Differential Equations | ||
| One additional course from the Probability, Analysis, and Differential Equations courses listed above | 1 | |
| Total Credits | 14 | |
| 1 | No course may be "double-counted" to satisfy both the mathematical-economics and data methods requirement. |
Honors and Capstone Requirement:
Admission to candidacy for honors in the concentration is granted on the following basis: 3.7 GPA for Economics courses, and 3.5 GPA overall. To graduate with honors, a student must write an honors thesis in senior year following the procedures specified by the concentration (see Economics Department website). Beginning with the class of 2016, students not writing an honors thesis must complete an alternative senior capstone project and obtain approval of a faculty sponsor.
Professional Track (applies irrespective of graduation year):
The requirements for the professional track include all those of the standard track, as well as the following:
Students must complete two two-to-four month full-time professional experiences, doing work that is relevant to their concentration programs. Such work is normally done within an industrial organization, but may also be at a university under the supervision of a faculty member.
On completion of each professional experience, the student must write and upload to ASK a reflective essay about the experience addressing the following prompts, to be approved by the student's concentration advisor:
- Which courses were put to use in your summer's work? Which topics, in particular, were important?
- In retrospect, which courses should you have taken before embarking on your summer experience? What are the topics from these courses that would have helped you over the summer if you had been more familiar with them?
- Are there topics you should have been familiar with in preparation for your summer experience, but are not taught at Brown? What are these topics?
- What did you learn from the experience that probably could not have been picked up from course work?
- Is the sort of work you did over the summer something you would like to continue doing once you graduate? Explain.
- Would you recommend your summer experience to other Brown students? Explain.