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 ...

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 ...

This is a preview. Log in through your library . Abstract This article is concerned with cognitive aspects of students' struggles in situations in which familiar concepts are reconsidered in a new ...

As an A level Economics students, we often indulge ourselves in the realm of Keynesian theories – from the General Theory of Employment, Interest and Money to concepts such as multiplier effects and ...

Discover the legacy of John Nash, the Nobel Prize-winning mathematician behind the Nash Equilibrium and a key figure in game theory and mathematical innovation.

The author tries to show some causes of failures in the creation of mathematical concepts. One of them is stiffening of concept cores. It makes impossible identification of untypical exemplars of a ...

UCLA seems to believe that taking cumbersome calculus- and statistics-based classes every quarter qualifies as an arts degree. Economics and business economics are considered Bachelor of Arts degree ...

Students with a degree in applied mathematical economics learn to utilize mathematical modeling to analyze problems, preparing them to pursue a variety of professions in business and economics. Our ...