For centuries, mathematics has proven incredibly effective in describing, explaining and even predicting phenomena in the physical universe. Newton's mathematical theory of gravity was used to predict ...

Economist Michael Chwe has written a book called “Jane Austen: Game Theorist.” Do you need more of a reason to read this post? Video from Michael Chwe’s YouTube channel. I’m a specialist in game ...

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 ...