Mathematical Economics

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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.

Program highlights

  • 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?).


What will you learn?

First-year courses

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.

 

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Contact a student ambassador

Ask a Faculty of Mathematics student about their program, classes, getting involved on campus, and more!

 


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?

Apply to Mathematics and choose Mathematical Economics as your major. Once you've applied, you'll need to complete the Admission Information Form as part of the application process.


We strongly encourage you to participate in the Canadian Senior Mathematics Contest and/or the Euclid Mathematics Contest to enhance your admissions status.

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.

Laura Jane, Mathematics Recruitment Coordinator