Question

Write any two importance of mathematics in economics.​

Answer 1

Answer:

Mathematics helps economists to perform quantifiable experiments and create models for predicting future economic growth. Advances in computing power, large-data techniques, and other advanced mathematical technologies have played a major role in making quantitative methods a fundamental aspect of economics.

Answer 2

Answer:

Mathematics helps economists to perform quantifiable experiments and create models for predicting future economic growth. Advances in computing power, large-data techniques, and other advanced mathematical technologies have played a major role in making quantitative methods a fundamental aspect of economics.

Explanation: