Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.
Mathematical economics is the discipline that employs rigorous mathematical methods to model, analyse and solve fundamental problems in economic theory. It provides a formal framework to describe ...
Noted Economist Prof. Ha-Joon Chang, who teaches at Cambridge University, said “95% of economics is common sense – made to look difficult, with the use of jargon and mathematics”. This statement ...
Green, Jerry R., and Walter P. Heller. "Mathematical Analysis and Convexity with Applications to Economics." In Handbook of Mathematical Economics, Vol. 1, edited by Kenneth J. Arrow and Michael D.
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