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Mathematics Understanding Of Economy By The General Public In The Economic Departments

Author

Listed:
  • Tomita Vasile

    (University of Craiova Faculty of Economics and Business Administration)

  • Cora Ionela Daniasa

    (University of Craiova Faculty of Economics and Business Administration)

Abstract

Some implications for the public understanding of economics are considered here. The paper is completed by considering two case studies of the use of mathematics in economics, both of which focus on the economic effects of education. The first case study considers growth theory, which analyses the effect of education on rates of economic growth, i.e. at the macro level. The second focuses on the micro level, considering the effect of education on individual earnings. These case studies will be used to illustrate the effect of mathematics on the content and public understanding of economics, respectively.

Suggested Citation

  • Tomita Vasile & Cora Ionela Daniasa, 2014. "Mathematics Understanding Of Economy By The General Public In The Economic Departments," Annals of University of Craiova - Economic Sciences Series, University of Craiova, Faculty of Economics and Business Administration, vol. 2(42), pages 39-44.
    • Handle: RePEc:aio:aucsse:v:2:y:2014:i:42:p:39-44
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    More about this item

    Keywords

    mathematisation of economics; education; earnings ; public; effects;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General

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