Practice
Main articles: Economic methodology, Mathematical economics, and Schools of economicsContemporary 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: Modern Economics
Famous quotes containing the word practice:
“Children also need opportunities to practice being less than perfect. They can afford to be ill tempered with us because it is our love that is most constant. This is the essence of unconditional love.... Our steadfast love provides a safe haven.”
—Cathy Rindner Tempelsman (20th century)
“The practice of politics in the East may be defined by one word: dissimulation.”
—Benjamin Disraeli (1804–1881)
“God forbid that any book should be banned. The practice is as indefensible as infanticide.”
—Rebecca West (1892–1983)