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mathematical economics

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mathematical economics

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application of mathematical methods to represent theories and analyze problems in economics

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economics
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economics
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Category:Mathematical economics
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Mathematical economics
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Encyclopedic overview

Mathematics Portal v t e

Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. Often, these applied methods are beyond simple geometry, and may include differential and integral calculus, difference and differential equations, matrix algebra, mathematical optimization, or other computational methods. Proponents of this approach claim that it allows the formulation of theoretical relationships with rigor, generality, and simplicity.

Excerpted from Wikipedia’s “mathematical economics” article, available under the CC BY-SA 4.0 licence.

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