Mathematical Economics

1. What is the Mathematical Economics major?
2. What careers interest students in this major?
3. What skills are developed within this major?
4. What Mathematical Economics resources are available?
5. Where have Wake Forest graduates landed jobs with this major?
6. Where can I get more information about the Mathematical Economics major?

1. What is the Mathematical Economics major?

The Department of Economics and the Department of Mathematics offer a joint major leading to a bachelor of science degree in mathematical economics. This interdisciplinary program affords the student an opportunity to apply mathematical methods to the development of economic theory, models, and quantitative analysis.

The joining together of mathematics and economics is a useful merger. Where economics provides the questions from everyday life, mathematics provides the analytic method from which the answers can be derived. In addition to being able to take economics further because of the possibilities allowed for by advanced mathematics techniques, the students in this major develop a heightened sense of accomplishment from intelligently applying such sophisticated and diverse techniques as multi-variable calculus, linear algebra, and statistics. Going beyond the scope of mathematics or economics individually, the math-econ program allows for a more comprehensive study and analysis of applied mathematics.

2. What careers interest students in this major?

Careers that often interest Mathematical Economics majors include:
Accountant
Actuary
Archivist
Attorney
Bank Officer
Budget Analyst
Consultant
Controller
Credit Analyst
Educator
Foreign Service Officer
Financial Analyst
International Trade Specialist
Investment Banker
Lobbyist
Statistician
Technical Writer

3. What skills are developed within this major?

Skills developed within this major include: Persistence; Patience; Logical manner of thinking; Strong problem solving skills; Creativity; Comfort with abstract concepts; Analytical skills; Recognition of patterns and hidden similarities within groups of data; Enthusiasm for the subject; and independent thinking.

4. What Mathematical Economics resources are available?

American Mathematical Society
American Statistical Association
Operations Research Society of America
Society of Actuaries
Society for Industrial and Applied Mathematics
American Economic Association

5. Where have Wake Forest graduates landed jobs with this major?

Click here to see where Mathematical Economics majors have landed jobs after graduation.

6. Where can I get more information about the Mathematical Economics major?

For more information about the Mathematical Economics major, visit the WFU Department of Mathematics and the WFU Department of Economics.