Mathematical Economics (MAEC)
Department of Economics and Finance, Gordon S. Lang School of Business and Economics
Most economic theory, and specifically finance theory, rests on explicit, formal, mathematical and/or statistical foundations. This specialization articulates and emphasizes these interactions. It is most suitable for students who either have, or wish to develop, a strong analytical background.
Major Requirements (Honours)
This is a major within the degree: Bachelor of Arts.
Credit Summary
(20.00 Total Credits)
Code | Title | Credits |
---|---|---|
Required Core Courses | 13.00 | |
Humanities credits from at least two subject areas (BA distribution requirement) | 1.50 | |
Social Science credit outside of ECON (BA distribution requirement) | 0.50 | |
Electives | 5.00 | |
Total Credits | 20 |
Recommended Program Sequence
A minimum of 20.00 credits is required, including:
Code | Title | Credits |
---|---|---|
Semester 1 | ||
CIS*1500 | Introduction to Programming | 0.50 |
ECON*1050 | Introductory Microeconomics | 0.50 |
MATH*1200 | Calculus I | 0.50 |
1.00 electives | 1.00 | |
Semester 2 | ||
ECON*1100 | Introductory Macroeconomics | 0.50 |
MATH*1210 | Calculus II | 0.50 |
1.50 electives | 1.50 | |
Semester 3 | ||
ECON*2310 | Intermediate Microeconomics | 0.50 |
ECON*2410 | Intermediate Macroeconomics | 0.50 |
STAT*2040 | Statistics I | 0.50 |
1.00 electives | 1.00 | |
Semester 4 | ||
ECON*3740 | Introduction to Econometrics | 0.50 |
FIN*2000 | Introduction to Finance | 0.50 |
1.50 electives or restricted electives 1 | 1.50 | |
Semester 5 | ||
ECON*3710 | Advanced Microeconomics | 0.50 |
FIN*3000 | Investments | 0.50 |
1.50 electives or restricted electives 1 | 1.50 | |
Semester 6 | ||
ECON*3810 | Advanced Macroeconomics | 0.50 |
FIN*3100 | Corporate Finance | 0.50 |
ECON*3100 | Game Theory | 0.50 |
or FIN*3200 | Fundamentals of Derivatives | |
1.00 electives or restricted electives 1 | 1.00 | |
Semester 7 | ||
ECON*4640 | Advanced Econometrics | 0.50 |
ECON*4710 | Advanced Topics in Microeconomics | 0.50 |
ECON*4700 | Advanced Mathematical Economics | 0.50 |
1.00 electives or restricted electives 1 | 1.00 | |
Semester 8 | ||
ECON*4810 | Advanced Topics in Macroeconomics | 0.50 |
FIN*4000 | Advanced Topics in Finance | 0.50 |
FIN*4100 | Financial Econometrics | 0.50 |
1.00 electives | 1.00 |
- 1
At least 1.00 credits of the 2.50 restricted electives credits must be from Mathematics and 0.50 credits must be from Statistics. The remaining 1.00 credits can be from either Mathematics or Statistics.
Note: Courses from MATH or STATS will be allowed with the appropriate prerequisites, or by permission of the instructor.
Co-op Requirements (Honours)
This is a major within the degree: Bachelor of Arts.
The Co-op program in Mathematical Economics is a five year program, including five work terms. Students must follow the academic work schedule as outlined below (also found on the Co-operative Education website: https://www.recruitguelph.ca/cecs/).
Academic and Co-op Work Term Schedule
Year | Fall | Winter | Summer |
---|---|---|---|
1 | Academic Semester 1 | Academic Semester 2 | Off |
2 | Academic Semester 3 COOP*1100 | Academic Semester 4 | COOP*1000 Work Term I |
3 | COOP*2000 Work Term II | Academic Semester 5 | COOP*3000 Work Term III |
4 | Academic Semester 6 | COOP*4000 Work Term IV | COOP*5000 Work Term V |
5 | Academic Semester 7 | Academic Semester 8 | N/A |
Please refer to the Co-operative Education program policy with respect to work term performance grading, work term report grading and program completion requirements.
For additional program information students should consult with their Co-op Co-ordinator and Co-op Faculty Advisor, listed on the Co-operative Education web site.
Credit Summary
(22.50 Total Credits)
Code | Title | Credits |
---|---|---|
Required Core Courses | 13.00 | |
Humanities credits from at least two subject areas (BA distribution requirement) | 1.50 | |
Social Science credit outside of ECON (BA distribution requirement) | 0.50 | |
Electives | 5.00 | |
Co-op Work Terms | 2.50 | |
Total Credits | 22.5 |
Recommended Program Sequence
Code | Title | Credits |
---|---|---|
Semester 1 - Fall | ||
CIS*1500 | Introduction to Programming | 0.50 |
ECON*1050 | Introductory Microeconomics | 0.50 |
MATH*1200 | Calculus I | 0.50 |
1.00 electives | 1.00 | |
Semester 2 - Winter | ||
ECON*1100 | Introductory Macroeconomics | 0.50 |
MATH*1210 | Calculus II | 0.50 |
1.50 electives | 1.50 | |
Summer Semester | ||
No academic semester or work term | ||
Semester 3 - Fall | ||
COOP*1100 | Introduction to Co-operative Education | 0.00 |
ECON*2310 | Intermediate Microeconomics | 0.50 |
ECON*2410 | Intermediate Macroeconomics | 0.50 |
STAT*2040 | Statistics I | 0.50 |
1.00 electives | 1.00 | |
Semester 4 - Winter | ||
ECON*3740 | Introduction to Econometrics | 0.50 |
FIN*2000 | Introduction to Finance | 0.50 |
1.50 electives or restricted electives 2 | 1.50 | |
Summer | ||
COOP*1000 | Co-op Work Term I | 0.50 |
Fall | ||
COOP*2000 | Co-op Work Term II | 0.50 |
Semester 5 - Winter | ||
ECON*3810 | Advanced Macroeconomics | 0.50 |
FIN*3000 | Investments | 0.50 |
ECON*3100 | Game Theory | 0.50 |
or FIN*3200 | Fundamentals of Derivatives | |
1.00 electives or restricted electives 2 | 1.00 | |
Summer | ||
COOP*3000 | Co-op Work Term III | 0.50 |
Semester 6 - Fall | ||
ECON*3710 | Advanced Microeconomics | 0.50 |
FIN*3100 | Corporate Finance | 0.50 |
1.50 electives or restricted electives 2 | 1.50 | |
Winter | ||
COOP*4000 | Co-op Work Term IV | 0.50 |
Summer | ||
COOP*5000 | Co-op Work Term V | 0.50 |
Semester 7 - Fall | ||
ECON*4640 | Advanced Econometrics | 0.50 |
ECON*4700 | Advanced Mathematical Economics | 0.50 |
ECON*4710 | Advanced Topics in Microeconomics | 0.50 |
1.00 electives or restricted electives 2 | 1.00 | |
Semester 8 - Winter | ||
ECON*4810 | Advanced Topics in Macroeconomics | 0.50 |
FIN*4000 | Advanced Topics in Finance | 0.50 |
FIN*4100 | Financial Econometrics | 0.50 |
1.00 electives | 1.00 |
- 2
At least 1.00 credits of the 2.50 restricted electives credits must be from Mathematics and 0.50 credits must be from Statistics. The remaining 1.00 credits can be from either subject area.
Note: Courses from MATH or STATS will be allowed with the appropriate prerequisites, or by permission of the instructor.