Mathematic Modeling Within Economics – a Critical Approach
Brãtian Vasile () and
Þãran Moroºan Adrian ()
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Brãtian Vasile: "Lucian Blaga" University of Sibiu, Faculty of Economics
Þãran Moroºan Adrian: "Lucian Blaga" University of Sibiu, Faculty of Economics
Authors registered in the RePEc Author Service: Adrian Moroşan
Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 2, 133-137
Abstract:
In this paper we try to evaluate, through critical analysis, the process of mathematic modeling used within economics. The paper aims to underline the importance of mathematic modeling within economics, but also to point aut that the current modeling of the economic process is not one of the most adequates, due to the fact that orthodox economic science is still entraped within the paradigm of mechanical economics.
Keywords: mathematic knowledge; economic knowledge; rational knowledge (search for similar items in EconPapers)
JEL-codes: B41 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xi:y:2011:i:9:p:133-137
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