Talk:Mathematical economics
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Mathematical Economics is a beautiful and interesting way to link what is real to what is just a theory. By writing the situations that occurs in local markets in the mathmatic language, we assure that they are not anymore local, but are now open to the whole world to be discussed and solved.
Yes, i have realized that by reading many books of the are.
BUT: (and thats why i'm posting here)
I'm kind of concerned about the relationship between what is real and what is in the numbers...i mean...is mathematics a real, usefull tool in the analysis and in the solving part of a problem in a industry or in finace-related work like a bank?!
Does a mathematical model works in the real life?
waintg answers here! - Dionisio (sorry for the mistakes in the english write...i'm from Brasil)
- Answering from Turkey: They don't work all the time. See post-autistic economics.
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If JET is the apotheosis of mathematical economics, what is Econometrica? JET is an almost normal journal i think...