The Center for Mathematical Studies in Economics and Management Science (CMS-EMS) was created in 1971 to bring together economists, mathematicians, and social scientists at Northwestern University who ...
Mathematical economics is the discipline that employs rigorous mathematical methods to model, analyse and solve fundamental problems in economic theory. It provides a formal framework to describe ...
Noted Economist Prof. Ha-Joon Chang, who teaches at Cambridge University, said “95% of economics is common sense – made to look difficult, with the use of jargon and mathematics”. This statement ...
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