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Mathematical Economics

MathEcon Galen Wray

What is Mathematical Economics?

Economics are often expressed in terms of mathematical models, and most branches of economics use mathematical, statistical, and computational concepts extensively. We’ve also seen many advances in mathematics motivated by problems in economics. Get the best of both worlds in the Mathematical Economics program, offered jointly by the Faculty of Mathematics and the Department of Economics in the Faculty of Arts. Emphasizing economic theory, the program uses quantitative methods to understandand represent economic theories, and to solve complex problems found in a wide range of economic systems.

Meet Galen

Mathematical Economics GalenGalen is an active ambassador for the University of Waterloo - she's involved in Math Orientation and participated in the Governor’s Challenge with the Bank of Canada. Galen says that Mathematical Economics provides you with a solid base to pursue graduate studies in Economics, since it covers both the necessary economic and mathematical theory. She's also majoring in Statistics, and explores the field by taking courses in areas such as probability, statistical theory or modeling.

“Don't be afraid or overwhelmed if you don't know what you want to do! Take a wide variety of courses and try different co-op placements to figure out exactly what you like and what you don't like.”

Your first year

All first-year students take a common selection of math courses called core courses. Normally in the fall term, students take:

*Note: For suggested electives and more information please visit our course selection page.

Potential co-op and career opportunities

Potential co-op opportunities
Sample titles Sample employers
  • Market research analyst
  • Software developer
  • Sports analytics co-op
  • Business analyst
  • Broker digital support assistant
  • Employment metrics analyst
  • Canadian Tire Corporation Limited
  • Desjardins General Insurance Group
  • Microsoft
  • Ontario Drive & Gear Limited
  • OxiLight Inc
  • University of Waterloo
Potential career opportunities
  • 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
  • Account Service Agent, RBC Dominion Securities 

Contact Surya Banerjee for more information.