{"id":50700,"date":"2025-07-03T09:54:58","date_gmt":"2025-07-03T13:54:58","guid":{"rendered":"https:\/\/carleton.ca\/economics\/?page_id=50700"},"modified":"2025-07-24T10:00:46","modified_gmt":"2025-07-24T14:00:46","slug":"mathematics-quantitative-economics","status":"publish","type":"page","link":"https:\/\/carleton.ca\/economics\/mathematics-quantitative-economics\/","title":{"rendered":"B.ECON Honours Concentration in Mathematics & Quantitative Economics"},"content":{"rendered":"\n
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\n B.ECON Honours Concentration in Mathematics & Quantitative Economics \n <\/h1>\n \n \n <\/header>\n\n <\/div>\n\n <\/div>\n\n <\/div>\n<\/section>\n\n\n\n\n
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\n Table of Contents\n <\/h2>\n
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\n \n 1.\n <\/span>\n\n \n Concentration Description\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 2.\n <\/span>\n\n \n General Elective Suggestions for First Year ECON Students\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.\n <\/span>\n\n \n Important Notes!\n <\/a>\n <\/div>\n\n
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\n \n 3.1\n <\/span>\n\n \n ECON 0005\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.2\n <\/span>\n\n \n Course Workload\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.3\n <\/span>\n\n \n When to Complete Electives\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.4\n <\/span>\n\n \n Registering in Summer Courses\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.5\n <\/span>\n\n \n Minimum Prerequisite Grade\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.6\n <\/span>\n\n \n Pursuing an MA in Economics\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.7\n <\/span>\n\n \n Students Admitted After Fall 2025\n <\/a>\n <\/div>\n\n <\/div>\n \n
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\n \n 3.8\n <\/span>\n\n \n Suggested Course Plan – Mathematics & Quantitative Economics\n <\/a>\n <\/div>\n\n <\/div>\n <\/div>\n\n <\/div>\n <\/div>\n\n <\/div>\n<\/div>\n\n\n\n

Concentration Description<\/h3>\n\n\n\n

The B.Econ. Honours Concentration in Mathematics and Quantitative Economics offer rigorous and intensive grounding in the mathematical and statistical tools of modern economics and is highly recommended for students with very strong interest and background in mathematics, intending to pursue some of the top graduate programs in economics or related quantitative discipline.  The program is flexible in that it allows students to select from a broad range of elective courses offered by Mathematics and Economics.<\/p>\n\n\n\n

The B.Econ. Honours Concentration in Mathematics and Quantitative Economics is normally completed during all four of four years of full-time study. Students who choose this concentration should have a strong interest and background in mathematics (see \u201cFirst Year Registration Guide<\/a>\u201d) and should make the decision in their first year. Normally, the first-year B.Econ Honours students enroll in the more rigorous mathematics sequence (MATH 1052<\/a> and MATH 1053<\/a>) as well as a course in mathematical reasoning (MATH 1800<\/a>). This provides a gateway to a foundational course in real analysis (MATH 3001<\/a>) and later to advanced courses in Mathematics and Statistics.<\/p>\n\n\n\n

Familiarity with advanced methods of mathematics and statistics is a necessary background for succeeding in any technical graduate program in economics or related discipline. Students who are serious about pursuing graduate studies in economics should also consider combining this concentration with a concentration in either Economic Theory, Economic Data Science, or Computational Analysis.<\/p>\n\n\n\n

There are 2 streams in the Mathematics and Quantitative Economics concentration:<\/p>\n\n\n\n

Stream 1: Honours Math Stream<\/strong><\/p>\n\n\n\n

Stream 2: Non-Honours Math Stream<\/strong><\/p>\n\n\n\n

General Elective Suggestions for First Year ECON Students<\/h3>\n\n\n\n
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\n Important Information about Electives!\n <\/dt>\n
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\u201cFree electives\u201d can be taken in any subject, including the subject of the major. The only restrictions when choosing \u201cfree electives\u201d are to ensure you\u2019re not taking courses that are prohibited (ie. worth 0.0 credit in an economics degree, such as ECON 2101) and that you are not exceeding the max of 7.0 credits allowed at the 1000-level for the entire degree (including the major and electives sections of your audit).<\/p>\n\n\n\n

In contrast, \u201cElectives Not In Economics\u201d must be in subjects other than Economics and again, you need to ensure you\u2019re not exceeding the 1000-level maximum for the degree.<\/p>\n\n\n\n

There is a max of 7.0 credits 1000-level courses allowed for the entire degree (including requirements in the major and electives). If students exceed 7.0 credits at the 1000-level, course(s) would be set aside and not count towards the degree. You can check how many courses you\u2019ve taken at the 1000-level on your academic audit.<\/p>\n\n\n\n

Students often ask for recommendations about elective courses. Students are in the best position to choose their elective courses based on their own interests, strengths, career goals, learning style, etc.<\/p>\n\n\n\n

List of Electives Suggestions:<\/strong><\/p>\n\n\n <\/dd>\n <\/div>\n\n\n <\/dl>\n\n\n <\/div>\n<\/section>\n\n\n\n

Course<\/th>Credit<\/th>Calendar Description<\/th>Course Outlines<\/th><\/tr><\/thead>
COMP 1005<\/a><\/td>[0.5]<\/td>Introduction to Computer Science I<\/td>COMP Course Outlines<\/a><\/td><\/tr>
PSCI 1100<\/a><\/td>[0.5]<\/td>Democracy in Theory and Practice<\/td>PSCI Course Outlines<\/a><\/td><\/tr>
PSCI 1200<\/a><\/td>[0.5]<\/td>Politics in the World<\/td>PSCI Course Outlines<\/a><\/td><\/tr>
ENGL 1020<\/a><\/td>[0.5]<\/td>Effective Writing<\/td>ENGL Course Outlines<\/a><\/td><\/tr>
PSYC 1001<\/a><\/td>[0.5]<\/td>Introduction to Psychology<\/td>PSYC Course Outlines<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Suggested Course Pattern – Mathematics & Quantitative Economics<\/h4>\n\n\n\n

The information below is a recommended<\/em> course pattern for students in the Bachelor of Economics (Honours) with a concentration in Mathematics & Quantitative Economics. There may be other ways of structuring your degree depending on part-time study and other factors listed below. Each student\u2019s academic journey is different and might not follow this course pattern exactly.<\/p>\n\n\n\n

For example:<\/em><\/p>\n\n\n\n