Do the math that underpins economies
Today, economists are turning to sophisticated mathematical models to understand and predict economic behaviour. Meanwhile, the problems that come up in economics have driven many advances in mathematics.
That why we’ve created this program, jointly offered by the Faculty of Mathematics and the Department of Economics in the Faculty of Arts.
Over the course of your degree, you’ll become an expert at using differential calculus, differential equations, and mathematical optimization to understand economic behaviour. If you enroll in the co-op stream, you can add paid work experience on top that.
You’ll graduate ready for a career with banks, government, or industry, or for a master’s or PhD program.
- Your choice: four years or five. Gain 24 months of paid work experience through Waterloo's co-op program, the largest of its kind in Canada, or fast track your degree by choosing the regular system of study.
- Have fun with other mathies. Get social! The student-run Mathematics Society organizes student/prof mixers, beach outings, and pie-filled Pi Day celebrations on March 14 at 1:59 pm (get it? 3/14/1:59?).
- Available as a regular or co-op program
- Graduate with a Bachelor of Mathematics in Mathematical Economics
- Offered by the Faculty of Mathematics
What will you learn?
During your first year, you'll take a mix of foundational courses in Mathematics, Economics, and Computer Science.
In upper years, about half of the classes you'll take will be Economics courses, while the other half will be Mathematics courses.
Learn more about the courses you'll take for your Mathematical Economics degree.
Customize your degree
You can also add additional areas of expertise to your degree by including one or more of the minors available to all Waterloo students.
Once you're a student, advisors can help you explore which minors or specializations may fit into your plans.
Get tips from Waterloo students
Join our monthly newsletter for tips such as choosing a university program, life at Waterloo, and finances.
Contact a student ambassador
Ask a Faculty of Mathematics student about their program, classes, getting involved on campus, and more!
Co-op = relevant paid work experience
By alternating school terms and paid co-op work terms throughout your degree, you can explore new career areas and types of employers as your career interests evolve.
Sample co-op job titles
- Market research analyst
- Software developer
- Sports analytics co-op
- Business analyst
- Broker digital support assistant
- Employment metrics analyst
Sample co-op employers
- Canadian Tire Corporation Limited
- Desjardins General Insurance Group
- Ontario Drive & Gear Limited
- OxiLight Inc
- University of Waterloo
What can you do with a degree in Mathematical Economics?
Waterloo Mathematical Economics graduates commonly pursue careers in research, financial analysis, and more. They often work in financial institutions and software companies.
- Research Analyst – Sprott
- Marketing Data Specialist – Quarry Integrated Communications
- Statistician – Canada Revenue Agency
- Data Scientist – Game Hive
- Control Analyst – CIBC
- Machine Learning Engineer – 4D Virtual World
Learn about the future of careers in business.
Student life, including women in mathematics
Math Society (MathSoc)
MathSoc is run by students for students and provides a wide range of clubs and services as well as social and academic events to make your experience as a Waterloo Mathematics student the best it can be. There are many ways to get involved and to meet students in other Faculty of Mathematics programs.
Outside of the Faculty of Mathematics, our campus is packed with opportunities to get involved, no matter how unique your interests. Between clubs supported by the Waterloo Undergraduate Student Association, sports and recreation, student government, and an incredible range of events, there's something for everyone at Waterloo!
Women in Mathematics
The Women in Mathematics (WiM) community encourages and advocates for women of all ages who are interested in studying math and pursuing a career in a related area. WiM strives for all genders to be well-represented in mathematics and welcomes people with under-represented gender identities.
Women in Computer Science
Women in Computer Science (WiCS) promotes gender equity for students interested in studying computer science and pursuing career in computing. WiCS has a very active student-run committee and offers events such as the Big CSters mentoring program, workshops, a speaker series, and panels about diversity in computer science and STEM.
There's also Women in Science, Technology, Engineering, and Mathematics (WiSTEM), a student-run club that welcomes all students (regardless of gender) to promote equality in STEM. Opportunities include skills workshops, discussions, homework help, and guest speakers.
Mathematical Economics admission requirements
Ontario students: six Grade 12 U and/or M courses including
- Advanced Functions
- Calculus and Vectors
- Any 4U English
- One other 4U course
Recommended course: Grade 11 U Introduction to Computer Science
Admission averages: Individual selection from the high 80s
How to apply?
To be considered for entrance scholarships in the Faculty of Mathematics, you must write one or both of the contests. If you complete both contests, we'll use the results of the contest in which you performed best.
Connect with us
Questions about courses, programs, requirements, or careers?
Contact Laura Jane Watkins, our Mathematics recruitment coordinator, who can answer any questions you have.