THE IMPORTANCE OF MATHEMATICAL METHODS IN ECONOMIC MODELS
Abstract
This article examines in detail the importance and role of mathematical methods in economic models. Mathematical modeling in economics is considered an important tool for understanding and predicting complex economic processes. The article examines the main methodologies of mathematical methods, including differential equations, statistical analysis, optimization, and learning theory. It also analyzes how these methods can be used to translate economic theories into practice, as well as the possibilities of simulating real economic situations.
Keywords
economic models, mathematical methods, modeling, economic processes, differential equations, statistical analysis, optimization, learning theory.
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