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Additional
mathematical economics
English Wikipedia - The Free Encyclopedia
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Mathematical economics
Mathematical economics
is the application of
mathematical
methods to
represent
theories and analyze problems in
economics
. By convention, the applied methods refer to those beyond simple geometry, such as differential and integral
calculus
,
difference
and
differential equations
,
matrix algebra
,
mathematical programming
, and other
computational methods
. An advantage claimed for the approach is its allowing formulation of theoretical relationships with rigor, generality, and simplicity.
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