About Mathematical Economics, BA in University of Pennsylvania (UPENN)
Economics is a social science and, as such, an important component of the liberal arts curriculum. At the core of economics are theories of how individuals, firms, and other organizations make choices and interact, taking into account constraints on their behaviors. Among the topics studied in economics are the following:
- The determination of prices and quantities in various types of markets, from perfectly competitive commodity markets to highly regulated utility markets and internet auctions.
- The effects of taxes, subsidies, and regulations.
- The determination of aggregate economic activity (e.g., GDP, unemployment).
- Inflation, monetary policy, and financial intermediation.
- Economic growth and income distribution.
- International trade and international finance (e.g., exchange rates).
The Mathematical Economics Major is intended for students with a strong intellectual interest in both mathematics and economics and, in particular, for students who may pursue a graduate degree in economics. Advanced economics makes extensive use of formal mathematical models. The major introduces undergraduate students to rigorous theoretical-quantitative and empirical-quantitative approaches to the analysis of economic problems. In comparison to the Economics Major, the Mathematical Economics Major emphasizes a more formal mathematical analysis, preparing students for academic-style research in economics.
Academic qualification equivalents
- Applicants must have passed high school
English language requirements
- IELTS :7.0
- TOEFL IBT: 100
University of Pennsylvania Highlights
| College Type |
Private College |
| Campus Setting |
Urban |
| Annual Endowment |
14.9 billion USD |
| Student Retention Rate |
98% |
| Work-study Program |
Available |
| Mode of Program |
Full-time, part-time and online |
| English Language Proficiency Test |
IELTS or TOEFL |
| Financial Aid |
Available in different forms |
| Admission Helpdesk |
(215) 898-5000 |
University of Pennsylvania Cost of Attendance
The following is a breakdown of the anticipated cost of studying in the United States for international students at the University of Pennsylvania:
| Course Type |
Expenses for On-Campus Undergraduate (in USD) |
Expenses for Graduate ( in USD) |
| Tuition |
54,652 |
43,860 |
| Fees |
7,058 |
19,208 |
| Housing |
11,358 |
12,840 |
| Dining |
5,946 |
6,492 |
| Books and Supplies |
1,358 |
1,800 |
| Transportation |
922 |
1,308 |
| Personal Expenses |
2,004 |
2,676 |
| Total |
83,298 |
88,184 |
University of Pennsylvania Scholarships/ Financial Aid
Since 2004, UPenn has provided 2 billion dollars in undergraduate scholarships to more than 22,000 students.
The following is a list of the scholarships available to study at the University of Pennsylvania:
| Scholarship Program |
Eligibility |
Benefits |
| Dean’s Scholarship |
The applicant should be incoming masters student, the applicant should not be a working professional, the candidate should not pursue a doctoral program |
10,000 USD |
| The Foreign Fulbright Student Program |
All masters students receiving Fulbright Fellowship offers can apply for the program |
15,000 USD |
| International Student Financial Aid |
The student needs to apply for the scholarship while taking admission, international students cannot apply after admission |
100% need will be fulfilled through grants and work-study programs |
