B.A. in Economics and Mathematics Program By Yale University |Top Universities

B.A. in Economics and Mathematics

Subject Ranking

# 8QS Subject Rankings

Program Duration

48 monthsProgram duration

Main Subject Area

Economics and EconometricsMain Subject Area

Program overview

Main Subject

Economics and Econometrics

Degree

Other

Study Level

Undergraduate

The Economics and Mathematics major is intended for students with a strong intellectual interest in both mathematics and economics and for students who may pursue a graduate degree in economics. Prerequisites: The major has prerequisites in both mathematics and economics: MATH 120; ECON 110 or 115; and ECON 111 or 116. With permission of the directors of undergraduate studies, upper-level courses may be substituted for prerequisite courses. Upper-level courses substituted for prerequisites do not count toward the total of twelve term courses (beyond the introductory level in economics and mathematics) required for the major. Requirements of the major?A total of twelve term courses is required beyond the introductory level in economics and in mathematics: seven term courses in economics and five term courses in mathematics. These courses must include: One intermediate microeconomics course chosen from ECON 121 or 125, and one intermediate macroeconomics course chosen from ECON 122 or 126, A year of mathematical economics, ECON 350 and 351, Two courses in econometrics, ECON 135 and 136 (with permission of the director of undergraduate studies in Economics, STAT 241 and 242 may be taken instead of ECON 135, in which case they count as one economics course and not as mathematics courses), A course in linear algebra, MATH 222 or 225 (or 230 and 231, for two course credits), An introductory course in analysis, MATH 300 or 301, The senior seminar in mathematics, MATH 480.

Program overview

Main Subject

Economics and Econometrics

Degree

Other

Study Level

Undergraduate

The Economics and Mathematics major is intended for students with a strong intellectual interest in both mathematics and economics and for students who may pursue a graduate degree in economics. Prerequisites: The major has prerequisites in both mathematics and economics: MATH 120; ECON 110 or 115; and ECON 111 or 116. With permission of the directors of undergraduate studies, upper-level courses may be substituted for prerequisite courses. Upper-level courses substituted for prerequisites do not count toward the total of twelve term courses (beyond the introductory level in economics and mathematics) required for the major. Requirements of the major?A total of twelve term courses is required beyond the introductory level in economics and in mathematics: seven term courses in economics and five term courses in mathematics. These courses must include: One intermediate microeconomics course chosen from ECON 121 or 125, and one intermediate macroeconomics course chosen from ECON 122 or 126, A year of mathematical economics, ECON 350 and 351, Two courses in econometrics, ECON 135 and 136 (with permission of the director of undergraduate studies in Economics, STAT 241 and 242 may be taken instead of ECON 135, in which case they count as one economics course and not as mathematics courses), A course in linear algebra, MATH 222 or 225 (or 230 and 231, for two course credits), An introductory course in analysis, MATH 300 or 301, The senior seminar in mathematics, MATH 480.

Admission requirements

Undergraduate

7+
Other English Language Requirements: 600 on the paper-based TOEFL; 250 on the computer-based TOEFL; Pearson Test of English (PTE): The minimum acceptable score is 70.
Jan-2000

Tuition fee and scholarships

Domestic Students

0 USD
-

International Students

0 USD
-

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
opportunities

Where to look for scholarship opportunities

how_to

How to apply to scholarships relevant to you

list

A list of available scholarships around the world

checklist

A scholarship application checklist

banner
download_icon Download Scholarship Guide

More programs from the university

Yale University aims to nurture a spirit of inquiry in its undergraduates, in the hope they will become global citizens instilled with a life-long passion for learning. Not unlike other US institutions, undergraduate study is characterized initially by diversity of subject matter and approach, and in the later years by concentration in one of the major programs or departments. 

Yale University offers more than 70 possible majors, which students declare at the beginning of their sophomore year and range from the sciences to arts subjects, from physics or applied mathematics to classics, art, or African-American studies.   

Undergraduate admission to Yale University, like to all of the best universities, is not easy. In 2016, Yale accepted 1,972 students to the Class of 2020 out of 31,455 applicants, giving it an acceptance rate of 6.27 percent. Of the university’s current undergraduates, half are women and nearly 40 percent are ethnic minority US citizens. A further 10.5 percent are international students.

Yale operates a residential college system which is organizationally modelled on the collegiate system at Oxford and Cambridge in the UK. However, unlike their UK counterparts, Yale’s colleges have limited autonomy and don’t contain any faculties or departments of study. All undergraduates are assigned to a college before their freshman year.

The process of application is robust yet fairly standard: all applicants complete either the Coalition or Common Application, with Yale specific questions, or the Questbridge National College Match Application. Additional requirements for freshman applicants include two teacher recommendations, a school counselor recommendation, a school report (including transcripts), a mid-year report, standardized test results (SAT Verbal, Math, and Writing, and ACT Composite). An interview is not a required part of the process, though applicants are encouraged to meet and talk with an alumnus if possible. 

Receiving some of the top university teaching available is never going to be cheap, and the estimated cost of attendance for Yale undergraduates is US$72,100 per academic year. This includes tuition and fees, room, board, books, and expenses. 

Fortunately, financial aid is available, and the college pledges to pay 100 percent of demonstrated financial need. Families with a gross annual income of less than US$65,000 are not expected to contribute towards their child’s Yale education, and the college’s need-based financial packages average US$49,575 a year. 

International students follow the same procedure and have the same application requirements as other students. Students whose first language is not English however must take a standardized English test such as the TOEFL, IELTS, or PTE. 

Each year, the Yale Graduate School of Arts and Sciences admits around 450 of the world’s top scholars to its postgraduate programs. Yale’s was the first graduate school in the US to confer a PhD degree, and 85 percent of its students pursue doctoral studies. The school is divided into four divisions – humanities, social sciences, biological sciences, and physical sciences – and administers 73 degree-granting programs, 56 of which are PhDs, while 19 terminate in master’s degrees.

Yale has an outstanding reputation for the quality of its teaching and wide array of academic resources and services. The admission rate for 2017 was 12.7 percent, so competition for places is fierce. 

Applications are submitted online, with the general requirements being a bachelor's degree (or equivalent), a statement of purpose, university transcripts, standardized test results, three letters of recommendation, and an application fee of $105. 

There may also be special admissions requirements for different programs or required supporting materials. International applicants may also be required to present the result of the Test of English as a Foreign Language (TOEFL), which can be substituted for the IELTS. 

Tuition for most full-time study programs at the Yale Graduate School of Arts and Sciences is currently $41,000. However, no PhD student actually pays any tuition, as it’s either covered by a tuition fellowship from the graduate school, research grants or national and international fellowships. 

One of the reasons why Yale is so popular with graduate students is the support Yale provides to its PhD students, starting with outstanding financial aid. Each doctoral student receives an annual stipend of up to $35,150 to help them meet living expenses. This figure is highly competitive with rival universities, but the considerably lower cost of living in New Haven makes the Yale stipend even more favorable.

Support is a watchword for graduate study at Yale. Not only do graduate students receive generous financial backing, they are also robustly supported in their professional development through the Office of Career Strategy and the Center for Teaching and Learning, the latter of which helps graduate students learn how to be better teachers. However, students at Yale teach significantly less than they might at other institutions. Over the course of six years, no more than 14 percent of a doctoral student’s time is devoted to teaching as part of their training, and for many it is much less.


Undergrad programs