2024-2025 Undergraduate Catalog

Major in Mathematical Economics (BS)

Are you interested in applying your math skills to the dynamic world of economics? Does the idea of a rigorous, challenging curriculum that prepares you for an exciting career as an economic analyst sound appealing? Then a bachelor’s degree in mathematical economics is right for you. This interdepartmental major between Ball State’s Department of Economics and Department of Mathematical Sciences will open a host of opportunities for you, including pursuing a double major or intensive graduate work.

52-55 credits

Required Courses

ECON 201Elementary Microeconomics

3

ECON 202Elementary Macroeconomics

3

ECON 301Intermediate Microeconomics

3

ECON 302Intermediate Macroeconomics

3

ECON 221Business Statistics

3

or

MATH 221Probability and Statistics

3

or

MATH 321Mathematical Statistics

4

MATH 165Calculus 1

4

MATH 166Calculus 2

4

MATH 215Discrete Systems

4

or

MATH 320Probability

4

MATH 217Linear Algebra

4

MATH 259Introduction to Actuarial Software

3

9 credits from

ECON from 300- and 400-level must include

ECON 421Mathematical Economics

3

or

ECON 424Introduction to Econometrics

3

6-7 credits from

MATH 267Calculus 3

4

MATH 320Probability

4

MATH 335Mathematical Models

3

MATH 351Mathematics of Finance

3

MATH 462Numerical Analysis 1

3

MATH 374Differential Equations

3

MATH 422Theory of Sampling and Surveys

3

MATH 428Regression and Time Series Models

3

MATH 429Analysis of Variance in Experimental Design Models

3

MATH 454Statistics for Risk Modeling

4

MATH 456Introduction to Operations Research

3

MATH 457Short-Term Actuarial Mathematics 1

4

MATH 470Intermediate Analysis

3

MATH 471Real Analysis 1

4

3-4 credits from

ECON 300-400-level ECON

MATH 267Calculus 3

4

MATH 320Probability

4

MATH 321Mathematical Statistics

4

MATH 335Mathematical Models

3

MATH 351Mathematics of Finance

3

MATH 462Numerical Analysis 1

3

MATH 374Differential Equations

3

MATH 422Theory of Sampling and Surveys

3

MATH 428Regression and Time Series Models

3

MATH 429Analysis of Variance in Experimental Design Models

3

MATH 454Statistics for Risk Modeling

4

MATH 457Short-Term Actuarial Mathematics 1

4

MATH 470Intermediate Analysis

3

MATH 471Real Analysis 1

4

MATH 161 Applied Calculus 1 (3) and 162 Applied Calculus 2 (3) may substitute for MATH 165 and 166 along with another 2 credits of MATH from the approved electives to complete the 52-credit total requirement. All mathematical economics majors will be required to take the Major Field Test in Economics before graduation.