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:

    I am out of practice at living.
    You are as brave as a motorcycle.
    Anne Sexton (1928–1974)

    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)

    In a sense that I am unable to explicate further, the proponents of competing paradigms practice their trades in different worlds.
    Thomas S. Kuhn (1922)