what is purpose of mathematical economics
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Mathematical economics refers to an economic model that uses the principles and methods of mathematics to create economic theories and to analyse economic dilemmas. Mathematics helps economists to perform quantifiable experiments and create models for predicting future economic growth.
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Mathematical economics refers to an economic model that uses the principles and methods of mathematics to create economic theories and to analyse economic dilemmas. Mathematics helps economists to perform quantifiable experiments and create models for predicting future economic growth.
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