Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.

\({\log _a}a = 1\) (since \({a^1} = a\)) so \({\log _7}7 = 1\) \({\log _a}1 = 0\) (since \({a^0} = 1\)) so \({\log _{20}}1 = 0\) \({\log _a}p + {\log _a}q = {\log _a ...

Mathematical equations aren't just useful — many are quite beautiful. And many scientists admit they are often fond of particular formulas not just for their function, but for their form, and the ...

Exponential integrators represent an innovative class of numerical methods designed to address the challenges posed by stiff differential equations. By incorporating the matrix exponential to treat ...