Economics - Practice

Practice

Main articles: Economic methodology, Mathematical economics, and Schools of economics

Contemporary economics uses mathematics. Economists draw on the tools of calculus, linear algebra, statistics, game theory, and computer science. Professional economists are expected to be familiar with these tools, while a minority specialize in econometrics and mathematical methods.

Read more about this topic:  Economics

Famous quotes containing the word practice:

    The practice of S/M is the creation of pleasure.... And that’s why S/M is really a subculture. It’s a process of invention. S/M is the use of a strategic relationship as a source of pleasure.
    Michel Foucault (1926–1984)

    Know how to be content and you will never be disgraced; practice self-restraint and you will never be in danger.
    —Chinese proverb.

    Laozi.

    God forbid that any book should be banned. The practice is as indefensible as infanticide.
    Rebecca West (1892–1983)