Economics-Mathematics
Major offered

Visit the economics department Web page at http://www.stlawu.edu/economics/ ; the mathematics, computer science and statistics department Web page at http://it.stlawu.edu/~math/.

The disciplines of economics and mathematics are closely related in many respects. Economics has relied heavily on mathematical analysis in the development of economic theory, while mathematics has provided solutions to optimization and control problems posed by economists. Economists have also used modern statistical techniques to test their theories, and mathematical statisticians have developed procedures appropriate for analyzing economic data. The interdisciplinary major in economics-mathematics gives students an opportunity to explore the relationship between these disciplines through a highly structured program of study.

The objectives of the interdisciplinary major are:

1. To provide students whose primary interest is economics an opportunity to study economic theory and applied economics more thoroughly and more rigorously than is possible in the usual curriculum.
2. To introduce important areas of economics and -applied mathematics to students whose primary interest is mathematics or computer science.
3. To provide a background for students -interested in graduate study in economics, applied mathematics and management science.
4. To provide training in statistics and econometrics for those entering directly into employment upon graduation.

Major Requirements

Economics
100. Introduction to Economics.*
251. Intermediate Microeconomic Theory.
252. Intermediate Macroeconomic Theory.
342. Econometrics.
344. Mathematical Economics.
Electives (3), atleast 2 at the 300-400 level

Mathematics
135. Calculus I.*
136. Calculus II.*
205. Multivariable Calculus.
217. Linear Algebra.
325. Probability
326. Mathematical Statistics. OR
343. Time Series Analysis.
Electives (2) at the 300-400 level or Math 280
*These courses may be omitted with advanced placement credit or other advanced standing.

Students considering graduate work in economics are strongly encouraged to take Math 280 and Math 305.

Honors in the interdisciplinary major are awarded in accordance with University policy on department honors (see Honors in the Curriculum chapter of this Catalog). Students interested in the economics-mathematics interdisciplinary major should consult either the economics or mathematics department.