A degree in Mathematical Economics covers A Program That Focuses On The Application Of Mathematical Methods To The Development Of Economic Theory, Models, And Quantitative Analysis. Includes Instruction In Data Analysis, Applied Business Economics, Calculus, Econometrics, Linear Algebra, Microeconomic Theory, Probability, And Statistical Methods. Examples: [Math Economics], [Mathematics And Economics], [Economics And Mathematics]. Read on to learn the essential details every mathematical economics student should know — including career paths, salary data, the skills you will develop, and the best colleges offering mathematical economics programs.
Nationwide, mathematical economics is a widely-pursued major, with 141 degrees awarded annually.
Our 2026 Best Mathematical Economics Schools ranking analyzes these 10 schools to determine the best overall colleges for mathematical economics students. Continue reading to check out one of our many unbiased rankings of mathematical economics programs later in this article.
Coursework for Mathematical Economics develop a specific mix of skills, knowledge, and abilities — derived from O*NET surveys of workers in the occupations mathematical economics graduates commonly enter.
Skills developed in a mathematical economics program reflects the day-to-day work of related occupations:
Per O*NET surveys, a mathematical economics major emphasizes the following knowledge areas:
There are several mathematical economics degree levels. The table below shows the typical length of the most common levels, and how many graduates earn each one.
| Degree | Typical Program Length | Graduates Annually |
|---|---|---|
| Bachelor’s Degree | 4 years | 120 |
| Master’s Degree | 1-3 years | 8 |
| Doctorate | At least 4 years | 13 |
People currently working in careers related to mathematical economics tend to have obtained the following education levels.
| Level of Education | Percentage of Workers |
|---|---|
| Doctoral degree | 32.6% |
| Bachelor’s degree | 27.9% |
| Master’s degree | 24.3% |
| Post-master’s certificate | 3.3% |
| Post-doctoral training | 3.1% |
| Some college courses | 2.3% |
| Postsecondary certificate | 2.2% |
| Associate’s degree (or other 2-year) | 2.1% |
| High school diploma or equivalent | 1.4% |
| Post-baccalaureate certificate | 0.6% |
| First professional degree | 0.2% |
View the chart below to get an idea of what level of education most of those in mathematical economics careers hold.
Source: ONET Online education / training / experience requirements.*
A degree in mathematical economics can lead to many career paths. Here are some of the most common occupations related to mathematical economics.
The following options are some of the most in-demand careers related to mathematical economics.
| Occupation | Projected Jobs | Expected Growth |
|---|---|---|
| Economics Teachers, Postsecondary | 830,747 | 2.9% |
| Clinical Research Coordinators | 542,888 | 10.4% |
| Bioinformatics Technicians | 434,408 | -2.4% |
| Mathematical Science Occupations, All Other | 358,631 | -0.2% |
| Statisticians | 307,132 | 6.6% |
| Natural Sciences Managers | 179,495 | 8.7% |
| Mathematicians | 109,873 | 8.5% |
| Water Resource Specialists | 78,994 | -0.4% |
Salaries for mathematical economics graduates vary widely by occupation. The following table shows the top highest-paying careers mathematical economics grads often go into.
| Occupation | Median Annual Salary |
|---|---|
| Water Resource Specialists | $179,716 |
| Natural Sciences Managers | $132,227 |
| Statisticians | $130,349 |
| Bioinformatics Technicians | $121,896 |
| Biostatisticians | $121,594 |
| Clinical Research Coordinators | $110,931 |
| Environmental Economists | $86,726 |
| Economists | $73,611 |
With 10 different mathematical economics programs to choose from, finding the best fit can be a challenge. We have analyzed these schools to produce unbiased mathematical economics school rankings to help you.
More about our data sources and methodologies.