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Why does economics depend completely on mathematics if it is a social science?
Wiki User
∙ 11y ago
Mathematics is Queen of Science. Just for convenience we have divided subjects as science and art. But now a days we have consider all as science. See even politics is treated as political science. So all subjects as they use mathematics will be more precisse. Hence economics though it is an art subject needs mathematics for precise study.
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoEconomics depends on mathematics because it allows us to make use of distributions of goods and or other services and commodities. Without mathematics, economics will become obsolete and will be nothing more than just pure history. The equations and models allow us humans to not only supply and demand goods, it also allows economists to make informed decisions about the future.
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What is the difference between a bachelors of science in economics and abachelors of arts in economics?
Generally when one has mathematics, statistics or other science related subject as subsidiary subject with the economics honours paper, then it is B Sc. in economics and when one has geography, English or other arts subject with economics it is B.A. in economics. Though the degree provided, can also depend on the university, such as, with mathemics Calcutta University gives B. Sc. degree but Visva-Bharati University gives B. A. degree for Economics.
How does the study of economics depend upon the phenomenon of scarcity?
Economics is the study of how society manages its scarce resources therefore, the study of economics is only important because of the scarcity of resources. Higenyi
What economics decision?
a decision that depends on the economy that is currently in place. the decision must depend on the economy of the time that the decision is made.
How micro and macro economics depend on each other?
micro is the study of individual person or a firm and macro eco. is the study of whole economy...so if we study about small than after study about big thats why they both depend each other.
Why the cost of food and beverage is high?
The price of food and beverages responds to the basic principles of economics; as Adam Smith pointed out a long time ago, prices depend on two things, supply and demand.
Why mathematics is the most basic science?
The German mathematician Carl Friedrich Gauss described mathematics one correctly as the quenn of all sciences. The German philosopher Immanuel Kant once remarked that one can only call a discipline a science as long as there is mathematics in it. Mathematics is the most basic science, because every other science (physics, chemistry, biology, geology, computer science) uses mathematical theorems to answer questions in this science. Mathematics does not depend on any other science. Mathematicians do mathematics for the sake of mathematics. That is why mathematics is the most fundamental science.
What is the difference between a bachelors of science in economics and abachelors of arts in economics?
Generally when one has mathematics, statistics or other science related subject as subsidiary subject with the economics honours paper, then it is B Sc. in economics and when one has geography, English or other arts subject with economics it is B.A. in economics. Though the degree provided, can also depend on the university, such as, with mathemics Calcutta University gives B. Sc. degree but Visva-Bharati University gives B. A. degree for Economics.
How do science and math depend on each other?
Mathematics makes it possible for scientists to produce much more accurate and informative descriptions of what they learn and observe about how the world works, and in turn, science makes possible computer technology, with which it is much easier to do mathematics. Even a humble calculator is a technological device made possible by science.
Why mathematics is necessary for the study of physics?
The laws of physics depend on mathematics - sometimes very complex mathematics.
What classes do you have to pass in high school to become a pharmacist?
This would depend on the university entry requirements for studying pharmacy. The subjects would include Mathematics, Biology and Science.
What are the possible title of thesis for Mathematics?
There are many possible titles of thesis' for mathematics. These titles will depend on the area of mathematics being studied.
Does physics depend heavily on mathematics?
like plumbers depend on wrenches, and authors on words
How has Pythagoras theorem impacted the fields of math and science?
Straight-line distances between points defined by coordinate in 2 or more dimensions, are measure using Pythagoras. Many applications in mathematics and science depend on the distance between objects.
Is pi in disciplines other than math and science?
Absolutely! Although it does depend on what you consider to be science. Variables in sociology, economics, anthropology, linguistics etc are sometimes assumed to follow the Gaussian or Normal distribution. The formula for the distribution function includes pi.
How is a life without mathematics?
Modern society would be impossible to run without mathematics. Even fairly primitive societies unconsciously depend on mathematics.
What is the syllabus of part 1 general mathematics?
The answer will depend on where you are studying.
What is most peoples favorite subject?
It varies among individuals, but common favorite subjects include art, physical education, science, and mathematics. This preference can depend on personal interests, strengths, and learning styles.
