Mathematical Economics
Mathematical economics (English: Mathematical economics), in a broad sense, refers to the use of mathematical models to carry out economic analysis, explain the theory of economic phenomena. Narrowly speaking, is specifically the French economist Walras (Léon Walras) to create a general equilibrium theory system. Usually can be divided into static analysis and dynamic analysis. This theory first establishes the assumption that "man is rational", and then uses various mathematical methods to simulate various economic phenomena and to deduce the solution to the problem. ...