The principal objective of economics courses is to help students develop the ability to think clearly about complex economic, political and social issues and to gain an understanding of how the economic activities of private and public institutions or interest groups relate to issues such as inflation, unemployment, poverty, environmental quality, urban and regional problems, and international economic concerns.
A solid background in economics is valuable to students preparing for graduate work in economics, business, public administration, and law; it is also useful as preparation for possible careers in such diverse fields as business, law, government, medicine, social work, and education. Courses in the other social sciences, mathematics and computer science, English and foreign languages, also contribute significantly to preparation for such graduate study and career opportunities.
Advanced degrees in economics require a strong background in mathematics. Students who are interested in pursuing an economics education beyond the undergraduate level should strongly consider supplementing the major requirements with MATH 249 (Multivariable Calculus), MATH 253 (Linear Algebra), MATH 256 (Differential Equations), and MATH 446 (Real Analysis).
This interdisciplinary major combines coursework in both the mathematics and economics programs. It is suitable for economics students who are interested in the technical/mathematical aspects of economics, and mathematics students who are interested in applied problems in economics. The major requirements provide a solid foundation for graduate studies or careers in applied mathematics, finance or various fields of economics.