ECON 10192 Introduction to Mathematical Economics
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Mathematical economics as per the course ECON 10192 Introduction to Mathematical Economics is the application of mathematical methods to consider theories and analyze problems in economics. By agreement, these used methods are beyond simple geometry, such as the following:
- Differential and integralcalculus
- Differenceanddifferential equations
- Matrix algebra
- Mathematical Programming
- Othercomputational methods
As per the course ECON 10192 Introduction to Mathematical Economics allows economists to formulate testable hypotheses on a wide array of difficult subjects and topics. It also allows explaining of observable phenomena in quantitative terms and also explains the basis for further interpretation or the provision of possible solutions.
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