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:
“Theory can leave questions unanswered, but practice has to come up with something.”
—Mason Cooley (b. 1927)
“Toddlers who don’t learn gradually about disappointment lose their resilience through lack of practice in give-and-take with other people’s needs. They can become self-centered, demanding, and difficult to like or to be with.”
—Alicia F. Lieberman (20th century)
“They never consulted with books, and know and can tell much less than they have done. The things which they practice are said not yet to be known.”
—Henry David Thoreau (1817–1862)