Berlin, Germany

Mathematics for Economics

Language: English Studies in English
Subject area: mathematics and statistics
University website: www.berlin.bard.edu
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
Mathematics
Think of it: of the infinity of real numbers, those that are most important to mathematics—0, 1, √2, e and π—are located within less than four units on the number line. A remarkable coincidence? A mere detail in the Creator's grand design? I let the reader decide.
Eli Maor, e: The Story of a Number (1994)
Economics
To have peace and not war, the drift toward a war economy, as facilitated by the moves and the demands of the sophisticated conservatives, must be stopped; to have peace without slump, the tactics and policies of the practical right must be overcome. The political and economic power of both must be broken. The power of these giants of main drift is both economically and politically anchored; both unions and an independent labor party are needed to struggle effective.
C. Wright Mills, The New Men of Power (1948).
Mathematics
If you are interested in the ultimate character of the physical world, or the complete world, and at the present time our only way to understand that is through the mathematical type of reasoning... the great depth of character of the universality of the laws, the relationships of things... I don't know any other way to do it, we don't know any other way to describe it accurately... or to see the interrelationships without it... don't misunderstand me, there are many, many aspects of the world that mathematics is unnecessary for... but we were talking about physics... to not know mathematics is a severe limitation in understanding the world.
Richard Feynman, "The Rules of the Game," The Pleasure of Finding Things Out (1999)
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