Social Sciences, asked by preciousfrankdanger, 9 months ago

would you recommend the use of mathematics in economic analysis? why or why not.

Answers

Answered by 18shreya2004mehta
0

Answer:

The usage and importance of mathematics cannot be neglected. ... Calculus is one of the simplest, and more important, mathematical tools in economics. Differential calculus, functions, limits, and derivatives are used to measure economic information. Economic models, for instance, intensively use differential equations

Answered by abhimathur059
1

Answer:

Calculus is the most common type of math found in economics. Calculus includes the use of various formulas to measure limits, functions and derivatives. Many economists use differential calculus when measuring economic information. ... In basic terms, a function usually represents a straight line known as a tangent.

Similar questions