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Economics is the study of the efficient allocation of resources. There are a very large number of variables with complex interactions between them. Econometricians design models to represent an economy - or some aspect of it - and then use statistical methods to estimate relationships between the variables.

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7y ago
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15y ago

ABA ewan!!! madali lang yan.... anu ba opinyon mo 2ngkol sa Ekonmiya ang mga relayon nito.... kunwari sa Budget isa nyan... nde pwdeng walang math dyan!! KEVIN GOMEZ 2 hhaha!!

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Q: How economics related to math?
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Is math compulsory for economics?

Typically, all programs of study in or related to economics requires math.


How econmics related to math?

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