MATHEMATICS UNDERSTANDING OF ECONOMY BY THE GENERAL PUBLIC IN THE ECONOMIC DEPARTMENTS

Tomita Vasile and Cora Ionela Daniasa
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Tomita Vasile: University of Craiova Faculty of Economics and Business Administration
Cora Ionela Daniasa: University of Craiova Faculty of Economics and Business Administration

Annals of University of Craiova - Economic Sciences Series, 2014, vol. 2, issue 42, 39-44

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.

Keywords: mathematisation of economics; education; earnings; public; effects (search for similar items in EconPapers)
JEL-codes: C13 C15 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:aio:aucsse:v:2:y:2014:i:42:p:39-44

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