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:
“Tricks and treachery are the practice of fools that have not wit enough to be honest.”
—François, Duc De La Rochefoucauld (1613–1680)
“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)
“It is by the goodness of God that in our country we have those three unspeakably precious things: freedom of speech, freedom of conscience, and the prudence never to practice either of them.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)