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:
“God forbid that any book should be banned. The practice is as indefensible as infanticide.”
—Rebecca West (1892–1983)
“Theory can leave questions unanswered, but practice has to come up with something.”
—Mason Cooley (b. 1927)
“To know how to be content, and to be so, protects one from disgrace; to know self-restraint and practice it protects one from shame.”
—Chinese proverb.
Lao-tzu.