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What math would I need to take for economics and finance?



By KC • June 21, 2009 • Filed in: Finance Q&A

I'm meditative about stand in majoring in financial as well as economics. we know we need a single turn of calculus. What alternative sorts of math would we need to good myself as well as would we need calculus II as well as III? Thanks in advance.

Comments

By Edward W

At a minimum, you should have calculus I and II.

After that, a semester of stastics or econometrics would be important.

From there, it depends. If you are really interested in mathematical economics or mathematical finance, you would want to to take calculus III, and an introduction to ordinary differential equations.

For graduate level work in economics you might take real analysis, and perhaps linear algebra. Graduate level work in mathematical finance would require some knowledge of probability and stochastic processes.

 

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