When you study Economics, you’ll learn the essential economic theories, systems and models that build critical and analytical thinking skills you can apply to any field -- including business, government, law, healthcare and social and community service. At RWU, you can pursue either a B.A. (liberal arts track) or a B.S. (business track), which both offer opportunities for student-faculty research and publishing that can pave the way to graduate studies.
A degree in economics enables students to deepen their understanding of the national and world economies as well as to develop economic analysis skills for careers in business, banking, investments, law, and government. The BA in Mathematical Economics will incorporate suitable mathematical, statistical, and programming techniques applicable to modern economic analysis in order to prepare students for graduate school and careers in economic consulting and policymaking.
Upon completion of the Mathematical Economics major, students will be able to:
- Set up, solve, and analyze optimization models.
- Apply optimization models to consumer, producer, and market theories.
- Use game theory to analyze the strategic behavior of individuals and firms.
- Apply the empirical methods used by economists to analyze data to learn about the real world.
- Use basic econometric methods to conduct statistical inferences; use regression models to estimate causal relationships; and use regression models to make predictions.
- Critically interpret empirical studies.
Required Economics Courses
Econ 111: Principles of Microeconomics
Econ 112: Principles of Macroeconomics
Econ 211: Intermediate Microeconomics
Econ 212: Intermediate Macroeconomics
Econ 303: Econometrics
Econ 395: Game theory
One additional economics elective
Required Math/CS Courses (all courses are currently offered)
Math 213 & Lab: Calc 1 (required)
Math 214 & Lab: Calc 2 (required)
CompSc 110/Math 255 (required)
Math 225/CompSc 225: Introduction to Data Science (required)
Math 315: Probability & Statistics
Math 317: Differential Equations
Math 331: Linear Algebra
Math 351: Calculus of Several Variables
Math 371: Real Analysis
Math 355/CompSc 415: Machine Learning
Other courses as required to fulfill university requirements
To read more about our academic offerings, or to view full course descriptions, please refer to our University Catalog.
Are you interested in business, but not sure whether to focus on management, accounting, economics or any one of our many academic disciplines offered at the Gabelli School? Visit Undeclared Business for resources on how you can explore your options before making a decision.