Best institutions to study Mathematical Economics
Compare 11 U.S. colleges offering Mathematical Economics by graduate earnings, cost, and outcomes. Federal data across 7 states.
About Mathematical Economics programs
Mathematical Economics is an interdisciplinary program that applies mathematical methods to represent economic theories and analyze complex problems. This program is ideal for students who are interested in combining their passion for mathematics with economics to gain a deeper understanding of market dynamics and economic policies.
Students in this program will develop critical skills in mathematics and economics, learning to analyze data, apply statistical techniques, and understand economic phenomena. Coursework typically includes advanced topics such as calculus, matrix algebra, and mathematical optimization.
Top 11 institutions, ranked by graduate earnings
Earnings = median 1 year after graduation (College Scorecard, predominant credential).
Offered across 7 states
The same program, compared state by state. Pick a state for in-state earnings and institutions.
| State | Institutions | Median earnings | Top institution by earnings |
|---|---|---|---|
| Coloradolimited | 1 | — | — |
| Marylandlimited | 1 | — | — |
| Massachusettslimited | 1 | — | — |
| New York | 3 | — | — |
| Pennsylvanialimited | 2 | — | — |
| Texaslimited | 1 | — | — |
| Washingtonlimited | 2 | — | — |
Careers & outlook
The payoff after graduation: occupation 19-3011, Economists, and its national outlook.
Graduates of Mathematical Economics can pursue various careers in fields such as finance, labor, and public policy analysis. The job outlook indicates little or no change, with approximately 900 annual openings and a median wage of $115,440, typically requiring a master's degree.
Top-paying metros
Related careers
CIP-to-SOC crosswalk for Mathematical Economics
The SOC occupations NCES officially maps to CIP 30.49.
Under the NCES CIP 2020 to SOC 2018 crosswalk, CIP 30.49 (Mathematical Economics) maps to 6 Standard Occupational Classification (SOC) occupations, the jobs the U.S. Department of Labor links to this field of study.
| SOC code | Occupation |
|---|---|
| 11-9121 | Natural Sciences Managers |
| 15-2021 | Mathematicians |
| 15-2041 | Statisticians |
| 15-2099 | Mathematical Science Occupations, All Other |
| 19-3011 | Economistsprimary |
| 25-1063 | Economics Teachers, Postsecondary |
Source: National Center for Education Statistics, CIP 2020 to SOC 2018 Crosswalk.
Skills & knowledge in Mathematical Economics programs
From the U.S. Dept. of Labor for the occupation this program most leads to.
Skills you'll build
Knowledge areas
What graduates do on the job
- Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
- Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
- Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
- Explain economic impact of policies to the public.
- Review documents written by others.
- Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.
Concentrations within Mathematical Economics
Specializations under this field (NCES CIP 2020).
- Mathematical EconomicsCIP 30.4901
A program that focuses on the application of mathematical methods to the development of economic theory, models, and quantitative analysis
Common questions
What is Mathematical Economics?+
It is the application of mathematical methods to analyze economic theories and problems.
What skills will I develop?+
You will develop critical thinking, mathematics, data analysis, and communication skills.
What careers can I pursue?+
You can work in finance, policy analysis, or economic research.
What is the job outlook?+
The outlook shows little or no change, with about 900 annual openings.
What is the CIP code for Mathematical Economics?+
Mathematical Economics maps to CIP 30.49 in the Classification of Instructional Programs (CIP), the U.S. Department of Education taxonomy used for College Scorecard Field of Study earnings and IPEDS completions.
About the data on this page
Every figure comes from an official federal or public source. Here is each one and the release it is currently on.
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