The University of Vermont

Economics Department

math brochure
Majoring in Economics with a minor in Mathematics


Benefits
  • Better performance in some economics courses
  • Helps in understanding some aspects of economic theory
  • Preparation for senior thesis
  • Enhanced appeal to graduate programs in Economics and prospective employers
  • Fulfillment of minor requirement
  • Convenience and flexibility since required courses count for both Economics major and Math minor

Requirements for a minor in Mathematics1

A total of six classes are required including:

MA 21    Calculus I
MA 22    Calculus II
MA 121  Calculus III or
MA 52    Fundamentals of Mathematics

plus 9 additional credits in Mathematics numbered 100 or above.
2

Because statistics is a fundamental component of empirical analysis in Economics, those choosing to minor in Math may want to include some courses in this area.  The Mathematics Department will permit Economics majors to count Stat 151 or Stat 251 towards the minor in Mathematics.  Based on that, a suggested three-year plan for Economics majors desiring to minor in Math is shown below.

___________________________
1Without MA 19 students should start at MA 21; with MA 19 and 20, start at MA 22.
2If MA 121 and MA 52 are both taken, MA 121 counts towards the nine credits in Mathematics.


Sample Three-year Plan for the Minor

Year 1       Fall          MA 21            Calculus I
                  Spring     MA 22            Calculus II
Year 2       Fall          MA 121           Calculus III
                  Spring     MA 124           Linear Algebra
Year 3       Fall          STAT 151       Applied Probability
                                     or
                                  STAT 251      Probability Theory
                  Spring     MA 230         Ordinary Differential Equations


If a student wants to take these courses in less than three years MA 121 and MA 124 can be taken in the same semester; also STAT 151 can be taken anytime after MA 22.


Additional classes of interest for majors


Math                        Course  Description


MA 52               Fundamentals of Mathematics
MA 141            Real Analysis in One Variable (requires 52)
MA 221            Deterministic Models in Operations Research
MA 222            Stochastic Models in Operations Research
MA 236            Calculus of Variations
MA 237            Introduction to Numerical Analysis
MA 238            Numerical Differential Equations
MA 241            Analysis in Several Real Variables I (requires MA 52)
MA 242            Analysis in Several Real Variables II (requires MA 52)
MA 266            Chaos, Fractals and Dynamical Systems
MA 330            Advanced Ordinary Differential Equations




A Testimonial

Hello Prof.

I just wanted to let you know how things are going for me in graduate school.  I first want to thank you for suggesting that I get my minor in math, which was the best thing I ever could have done for this program.  The program at Tufts (and I'm sure everywhere else) is extremely math intensive...Thank you for preparing me for this grad program, I really do appreciate how you advised and taught me while I was at UVM.

J.R.

Last modified February 21 2008 03:09 PM

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