Engineering in Kenya

Applied Mathematics Economics

Posted by on Apr 18, 2018 in Applied Mathematics | 0 comments

insp 2 300x250 Applied Mathematics Economics

The philosophy of the Applied Mathematics Economics program is to provide enough command in mathematical concepts. This in turn will allow one to pursue an economics program which emphasizes on up to date research problems. The economic theory in recent decades uses more and more mathematics, and as a result, simple research in the field of economics has turned into complex statistical techniques. The Applied Mathematics Economics concussion is designed to reflect on the statistical and mathematical nature of the modern economic theory and empirical research. Engineering in Kenya has more topics

This concussion comes in two tracks. The first track in Applied Mathematics Economics is the advanced economics track. This track is intended to prepare learner for graduate study in economics. The second track in Applied Mathematics Economics is the mathematical finance track. This track is intended to prepare learners for graduate study in finance, or for jobs in finance and financial engineering. Both tracks of the Applied Mathematics Economics concussion have A.B. degree types and BSc. degree types.

Advanced Economics Track in Applied Mathematics Economics

Standard Program for the A.B. in Applied Mathematics Economics: -

Mandatory requirements: – Math 0520and MATH 0100.

The Applied Mathematics Economics course is in two forms;

Applied Mathematics requirements: -

a)      APMA 0360 and 0350 (APMA 0340 and 0330 can be substituted with advisory)

  • One course from the following; (APMA 0160, CSCI 0040, 0170, 0150)
  • One course from the following; (APMA 1210,1200)
  • APMA 1650

b)     One course from the following; (APMA 1660,1200, 1210, 1700,1690, 1680,1670, or Math 1010

The requirements a) and b) cannot be substituted simultaneously by another course.

Economics requirements: -

  • Econ 1130 (or 1110 with a permit)
  • Econ 1630
  • Econ 1210
  • Three additional 1000-level economics courses. Of the three courses, two must be chosen from the mathematical economics category. This group comprises Econ 1860, 1170, , 1870, 1750, 1470, 1640, , 1759, 1810, 1850, , and 1465.

Applied Mathematics Economics 300x137 Applied Mathematics Economics

Applied Mathematics Economics

Standard Program for the BSc. in Applied Mathematics Economics

Mandatory requirements: – Math 0100 and 0520.

This course is also in two forms;

Applied Mathematics requirements: -

a)      APMA 0360 and 0350 (APMA 0340 and 0330 can be substituted with advisory)

  • One course from the following (APMA 0150, CSCI 0040, 0160, 0170)
  • One course from APMA 1210, 1200
  • APMA 1650

b)     At least two courses from APMA 1670, 1200, 1210, 1660, 1680, 1690, 1700, Math 1010

The above cannot be substituted by any course simultaneously.

Economics requirements: -

  • Econ 1130 (or 1110 with a permit)
  • Econ 1630
  • Econ 1210
  • At least five additional 1000-level economics courses. Of the five courses, three must be chosen from the mathematical economics category. This category comprises Econ1465, 1170, 1470, 1860, 1640, 1750, 1810, 1759, 1850, and 1870.

Mathematical Finance Track in Applied Mathematics Economics

Standard Program for the A.B. in Applied Mathematics Economics: –

Mandatory requirements: – Math 0520, 0100.

This track is done in two forms;

Applied Mathematics requirements: -

a)      APMA  0360 and 0350 (APMA  0340 and 0330 can be substituted with advisory)

  • One course from APMA 0160, CSCI 0040, 0150, 0170
  • APMA 1650
  • APMA 1200

b)     One course from the following (APMA 1680, 1180, 1700, 1660, 1670, 1690, 1330, 1720, Math 1010). APMA 1720 is most preferred in the above list.

Economics requirements: -

  • Econ 1130 (or 1110 with a permit)
  • Econ 1630
  • Econ 1210
  • Three additional 1000-level economics courses. Of those three courses, two must be from the financial economics category and one must be from the mathematical economics category. The financial economics category comprises Econ 1870, 1710, 1760, 1720, 1750, 1790, and 1770. The mathematical economics category comprises Econ 1170, 1810, 1470, 1640, 1465, 1759, 1750, 1850, and 1860.

No course can be used to satisfy the financial economics and the mathematical economics prerequisites.

Standard program for the BSc. in Applied Mathematics Economics

Mandatory requirements: – Math 0520, 0100.

The course requirements;

Applied Mathematics requirements: -

a)      APMA  0360 and  0350 (APMA  0340 and 0330can be substituted with advisory)

  • One course from the following (APMA 0170, CSCI 0040, 0150, 0160)
  • APMA 1650
  • APMA 1200

b)     Two additional courses from the following (APMA 1180, 1680, 1330, 1660, , , 1690, 1700, 1670, 1720, Math 1010). APMA 1720 is most preferred in the above list)

Economics requirements: -

  • Econ 1130 (or 1110 with permission)
  • Econ 1630
  • Econ 1210
  • Five additional 1000-level economics courses. Of those five courses, three must be from the financial economics category and two must be from the mathematical economics category. The financial economics group comprises Econ 1750, 1710, 1720, 1760, 1790, and1770. The “mathematical economics” group comprises Econ 1170, 1870, 1470, 1810, 1640, 1750, 1759, , 1850, 1860, and 1465.

No course can be used to satisfy the financial economics and the mathematical economics prerequisites.

Conclusion on Applied Mathematics Economics

The Applied Mathematics Economics is offered in various institutions.
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