Economics with a concentration in Quantitative and Mathematical Economics

The Bachelor of Arts in Economics with a Concentration in Quantitative and Mathematical Economics at Carleton University offers students a comprehensive and rigorous education in the fundamental principles of economics, complemented by advanced training in quantitative methods and mathematical modeling. This program is designed to develop students' analytical and problem-solving skills, preparing them for careers in academia, government, research institutions, and the private sector, as well as for graduate studies in economics or related fields.

Throughout the program, students explore core economic theories related to microeconomics, macroeconomics, and international economics, gaining a thorough understanding of market behaviors, economic policies, and global economic dynamics. The concentration in Quantitative and Mathematical Economics emphasizes extensive coursework in mathematics, statistics, and econometrics, equipping students with the technical proficiency necessary to analyze complex economic data and develop predictive models.

The curriculum includes courses in calculus, linear algebra, probability theory, and advanced statistical methods, alongside specialized classes in quantitative research methods and economic modeling. This strong quantitative foundation enables students to undertake empirical research, interpret economic data, and develop quantitative strategies for economic analysis.

Students also have opportunities to engage in applied projects and research initiatives, fostering critical thinking and literacy in economic modeling software and programming languages such as R and Python. The program encourages interdisciplinary collaboration, integrating insights from mathematics, statistics, and computer science to address real-world economic issues.

Designed for students aiming to pursue careers in economic analysis, policy-making, finance, or data science, the program provides a balanced mix of theoretical knowledge and practical skills. Graduates leave well-equipped to contribute to economic research, influence policy decisions, and interpret complex data within various professional contexts.

With dedicated faculty expertise and cutting-edge resources, Carleton University’s Economics program with a concentration in Quantitative and Mathematical Economics offers an academic environment that promotes intellectual growth, technical competence, and innovative thinking. Graduates from this program are well-prepared to meet the quantitative demands of today's data-driven economy and to excel in a variety of economic and analytical roles across diverse sectors.

The Bachelor of Arts in Economics with a Concentration in Quantitative and Mathematical Economics at Carleton University offers students a comprehensive and rigorous education in economic theory, quantitative methods, and mathematical modeling. This program is designed for students interested in developing strong analytical skills and a deep understanding of economic principles through advanced mathematical techniques. Throughout the program, students will explore core areas such as microeconomics, macroeconomics, econometrics, and applied economic analysis, complemented by specialized coursework in quantitative and mathematical methods. The curriculum emphasizes the application of mathematical tools to economic problems, preparing graduates for careers in research, policy analysis, finance, and further academic study.

Students will engage with a variety of courses focusing on mathematical modeling, statistical analysis, and computational techniques, enabling them to analyze complex economic data and formulate robust economic theories. The program also includes opportunities for experiential learning through projects, case studies, and internships, giving students practical experience in economic research and policy development. In addition, students will have access to state-of-the-art facilities and resources, including computer labs and software relevant to quantitative analysis.

Careers for graduates of this program are diverse and include roles in government agencies, financial institutions, consulting firms, research organizations, and international agencies. Some of the key skills developed during the program include critical thinking, data analysis, mathematical modeling, and effective communication of complex ideas. Students also benefit from the interaction with faculty members who are active researchers in various fields of economics, providing mentorship and opportunities to participate in research projects.

The program also provides a strong foundation for students wishing to pursue graduate studies in economics, finance, or related fields, offering a pathway to advanced academic and professional pursuits. With a focus on quantitative analysis, the program equips graduates with the skills needed to excel in data-driven decision-making environments, contributing valuable insights to economic issues at local, national, and global levels. Whether aiming for a career in economic research, policy advisory, or industry, students will graduate with a solid grounding in both theoretical and applied economic methods, prepared to meet the challenges of a dynamic and evolving economic landscape.

The Bachelor of Arts (BA) in Economics with a concentration in Quantitative and Mathematical Economics at Carleton University requires students to complete a total of 120 credits for graduation. The program is designed to provide students with a solid foundation in economic theories, quantitative methods, and mathematical modeling techniques essential for analyzing complex economic problems. The curriculum includes core courses in microeconomics, macroeconomics, and econometrics, emphasizing both theoretical understanding and practical application. Students are also required to undertake advanced courses in mathematical economics, statistics, and computational methods to develop strong analytical skills. Elective courses allow specialization in areas such as financial economics, public policy, or international economics, catering to diverse career interests. To fulfill graduation requirements, students must also complete a mandatory capstone project or a comprehensive exam demonstrating their ability to synthesize and apply their learning in real-world scenarios. The program encourages interdisciplinary learning, offering courses in political science, mathematics, and computer science to complement economic studies. Additionally, students are expected to participate in internships, research projects, or cooperative education placements to gain practical experience and enhance employability upon graduation. Language proficiency, academic advising, and skill development workshops are integral components of the program support structure. Graduates of this program typically pursue careers in banking, finance, government agencies, research institutions, or continue their studies through graduate or professional programs. The program's rigorous coursework combined with practical opportunities aims to prepare students for high-level analytical roles within the public and private sectors. Overall, the program offers a comprehensive education in economics, with a particular emphasis on quantitative and mathematical skills to meet the demands of the evolving economic landscape.

Want to improve your English level for admission?

Prepare for the program requirements with English Online by the British Council.

• ✔️ Flexible study schedule
• ✔️ Experienced teachers
• ✔️ Certificate upon completion

📘 Recommended for students with an IELTS level of 6.0 or below.

Enroll in the course

The financing of the Bachelor of Arts in Economics with a Concentration in Quantitative and Mathematical Economics at Carleton University is structured to support students through a variety of financial aid options. Tuition fees are set annually and are subject to change, but detailed information is available on the university’s official website. Domestic students benefit from comparatively lower tuition rates, while international students are charged higher fees. In addition to tuition, students should consider costs related to textbooks, supplies, and personal expenses, which can vary depending on the courses taken and personal lifestyle.

Carleton University offers numerous scholarships, awards, and financial aid programs aimed at reducing the financial burden for students. Merit-based scholarships are awarded based on academic achievement and can sometimes be renewed annually if certain academic standards are maintained. The university also provides need-based bursaries to support students from different financial backgrounds. Students are encouraged to apply for government-funded financial aid programs such as Canada Student Grants and Loans, which are administered through provincial and federal governments and are designed to assist students in covering their educational expenses.

Part-time work opportunities are available on campus as well as in nearby communities, allowing students to earn supplementary income while studying. The university’s co-op programs and work-integrated learning positions provide practical experience and financial support concurrently. Students also have access to financial advising services to help plan and manage their educational expenses effectively. International students may have different options, including scholarships specifically for international applicants, and should consult the university’s international student services for tailored guidance.

The university’s flexible payment plans and emergency financial assistance programs are also available to support students facing unexpected financial challenges. For comprehensive and up-to-date information regarding specific costs, scholarships, and financial support options, students are advised to consult Carleton University’s official financial aid web pages or contact the university’s financial services office directly. Overall, the program’s financing structure aims to make education accessible and manageable for a diverse student body, emphasizing affordability and support through various financial mechanisms.

The Bachelor of Arts in Economics with a concentration in Quantitative and Mathematical Economics at Carleton University offers students a rigorous and comprehensive education in economic theory, quantitative methods, and mathematical analysis. This program is designed to equip students with the analytical skills necessary to understand complex economic systems and to apply advanced quantitative techniques to real-world problems. The curriculum includes core courses in microeconomics, macroeconomics, and econometrics, as well as specialized courses focusing on mathematical modeling, statistical analysis, and computational methods. Students will gain experience with data analysis, economic modeling, and simulation, preparing them for careers in research, policy analysis, finance, or further graduate studies.

Throughout the program, students have access to state-of-the-art research facilities and are encouraged to engage in research projects, internships, and seminars that enhance their practical and theoretical understanding. The program emphasizes the development of critical thinking and problem-solving skills, combining traditional economic theories with contemporary quantitative methods. Graduates of this program are well-prepared for employment in government agencies, financial institutions, consulting firms, or academic research. They also have a solid foundation for continuing their education at the graduate level in economics, business, or public policy. Given the increasing importance of data-driven decision-making in economics and related fields, this concentration provides students with a competitive edge in the job market and future academic pursuits.