General Question: Economics and Math?

<p>I'm not really interested in Economics but I was really good at it in my Government class. Anyway, I read that you need Calculus for Economics. Wharton requires Calculus before you step in its doors lol. </p>

<p>Why do students need to take Calculus when going into Economics?</p>

<p>Economics is not only a social science but also encompasses math such as statistics and calculus. To answer your question, in order to analyze data, one needs to use limits, derivatives, and integrals. This is especially evident when you’re building models where you may require the slope of the tangent line to a curve at a point (otherwise known as a derivative). This is just one example out of many Hope this helped!</p>

<p>moose97 is completley right. Econ uses calc to model and analyze data. That’s why I like econ so much, it’s an intersection between math and a social science. Wharton doesn’t require calc by the way, but it is highly recommended. Also, Wharton is a business school so you do not learn economics in Wharton. The econ major is in Penn’s college of arts and sciences - separate from Wharton.</p>

<p>Oh okay thanks. I always get economics and business mixed up sometimes lol.</p>

<p>Will at be at a disadvantage? I’m taking ap macroeconomics next year but I have not had calculus. I took precal honors this year and I will have ap stats next year with ap macro</p>

<p>I haven’t taken AP econ macro but I don’t think it requires any calc. I’m taking it next year as well, but I am currently taking AP Calc AB.</p>

<p>nahhh ive taken AP micro and macro…the most math you need is algebra 1…</p>