Question

any two uses of mathematics in economy​

Answer 1

Answer:

There have been rumors that mathematics is used in economics either for the deliberate purpose of mystification or to confer dignity upon common places as French was once used in diplomatic communications.

— James Newman (1907-1966, an American mathematician and mathematical historian)

Explanation:

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Answer 2

Answer:

That said, math is a tool that can be used to illustrate economic concepts. ... Economists use models as the primary tool to derive insights about economic issues and problems. Math is one way of working with (or manipulating) economic models. There are other ways of representing models, such as text or narrative.

Explanation:

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