What is equation in mathmatics in economic anlysis?
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Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. By convention, these applied .
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Mathematics is the science that deals with the logic of shape, quantity and arrangement. Math is all around us, in everything we do. It is the building block for everything in our daily lives, including mobile devices, architecture (ancient and modern), art, money, engineering, and even sports.
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