BA in Mathematical Economic Analysis Program By Rice University |Top Universities

BA in Mathematical Economic Analysis

BA in Mathematical Economic Analysis

Rice University

Rice University, Houston, United States
  • QS World University Rankings
    94
  • Degree BA
  • Study Level Bachelors
  • Duration 24 months
Program Learning Outcomes for BA in Mathematical Economic Analysis Students graduating from this program will: Develop numerous mathematical, statistical and econometric skills, including a thorough knowledge of calculus, probability and statistics, and applied econometrics (including mastering the use of statistical software packages to analyze economic data and learning how to interpret statistical results). MTEC majors will also learn the elements of multiple variable calculus, linear algebra and optimization techniques, and other mathematical techniques utilized in more technical economic analyses. Learn the core principles of economics, including the basic concepts of microeconomics and macroeconomics such as supply and demand, utility maximization by consumers and profit maximization by firms, competitive and other market structures, market equilibrium, and analysis of the performance of the national economy. Learn how the basic principles they have absorbed are applied in economic analyses of a wide variety of applied and theoretical topics. Learn how to write clearly, concisely, and cogently on economic matters. Students in the MTEC program will also learn about the process of research in economics. Students will learn how to conduct a literature review on a topic, how to critically evaluate research that represents the current state-of-the-art, and how to apply their knowledge of economic principles and empirical methods to conducting and reporting on their own research. Students in the honors program will learn how to conduct economic research, beginning with forming a research idea and progressing to the formulation of an economic model to analyze the issue under consideration, the identification of testable hypotheses, the collection of data and econometric testing of their hypotheses, and the presentation of preliminary and final results. Degree Requirements for the BA, with a Major in Mathematical Economic Analysis To earn a B.A. degree in Mathematical Economic Analysis, students must present a minimum of 16 courses with a grade point average (GPA) of at least 2.0. When students repeat courses or complete more than the minimum required number of courses, the departmental GPA will be based on the set of courses that (1) satisfies all requirements for the degree, and (2) results in the highest GPA for the student. However, when a course is taken at both Rice and another institution, the grade in the Rice course will be used for departmental GPA calculations. CORE COURSES The 16 courses presented for the major in mathematical economic analysis consist of four core courses in Mathematics and Statistics and eight core courses in Economics Mathematics and Statistics MATH 101 Single Variable Calculus I MATH 102 Single Variable Calculus II MATH 212 Multivariable Calculus OR MATH 221 Honors Calculus III and MATH 222 Honors Calculus IV One of the following: i. ECON 307/STAT 310 Probability and Statistics ii. STAT 410 Introduction to Regression and Statistical Computing iii. STAT 431 Overview of Mathematical Statistics Economics ECON 100 Principles of Economics ECON 200 Microeconomics ECON 203 Macroeconomics ECON 209 Applied Econometrics ECON 305 Game Theory, Micro Topics for MTEC Majors ECON 308 Mathematical Economics ECON 310 Econometrics or STAT 376 Econometrics ECON 496 Research in Economic Theory or ECON 497 Research in Econometrics ELECTIVES Four electives in Economics, including at least three 400-level electives