Math involved in economics

NeoDymium
Sun, 14 Feb 2016 07:17:32 +0000

At the introductory level it is just basic arithmetic and algebra. Once you finish the fundamentals, economics uses quite a lot of math - calculus, statistics, possibly probability and computational mathematics, and often mathematical analysis.

Geometry and trigonometry really don’t come up much in economics. It’s mostly calculus and statistics. The theory is derived with calculus and you use statistics to understand data.