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How much math is really necessary for undergrad econ?

MauerFanMauerFan Registered User Posts: 57 Junior Member
I plan on majoring in economics, and at my school they only require econometrics, calculus one, and a stats course. I don't plan on going to grad school for economics, because the opportunity cost isn't worth it for me personally. Career wise I'm not exactly sure what I'd like to do, but I'm leaning towards some type of analyst. To start, anyway. I'm just wondering that would be enough math, or if more would be necessary. Thanks!

Replies to: How much math is really necessary for undergrad econ?

  • blubanditblubandit Registered User Posts: 11 New Member
    Nowadays requirements for undergrad econ seem to be universal. As required by your program, the most you will ever need is a semester in Statistics, Econometrics, and Calculus. Statistics will be pretty straight forward; just sampling distributions and type 1 and 2 errors. Econometrics should teach simple linear regression and barely touch multi variable regressions, homoscedasticity, and heteroscedasticity. For calculus, even simple Business Calculus should be enough. Just learn the limits, derivative, and basic idea behind integrals.

    Advanced math is required for graduate econ but as you stated that you have no intention of going for it, I wouldn't recommend you take additional courses. If for some reason you do change your mind, I recommend you take Calculus 2 (Integrals) , Calculus 3 (Differential Equations) and maybe a semester in Linear Algebra (matrices). This should be enough to prepare you for a Master's or even PhD.
  • MauerFanMauerFan Registered User Posts: 57 Junior Member
    I've thought about Business Calculus, and according to my advisor it doesn't have as much trigonometry. The only thing I'm worried about is that businesses would see that I took Business Calculus rather than regular Calculus. I appreciate the response!
  • AoDayAoDay Registered User Posts: 703 Member
    Most companies won't see your actual transcript during the interview process and the ones that do won't care that you took business calc over regular calc.
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