Explore whether economics can be considered a science, analyzing its classification, testability, and consensus within social science debates.

The Center for Mathematical Studies in Economics and Management Science (CMS-EMS) was created in 1971 to bring together economists, mathematicians, and social scientists at Northwestern University who ...

Today’s economists rarely consult Adam Smith’s 1776 The Wealth of Nations, however celebrated it is for revealing the workings of the market. Contemporary practitioners are often more at home with ...

Mathematical economics is the discipline that employs rigorous mathematical methods to model, analyse and solve fundamental problems in economic theory. It provides a formal framework to describe ...

Economic man represents a rational actor, aiming to maximize utility and satisfaction. Discover his role and the impact the concept has in economic theories and models.

A Russian mathematician has developed a new method for analyzing a class of equations that underpin models in physics and economics and are considered "eternal" as they have challenged researchers for ...

Merton, Robert C. "On the Mathematics and Economic Assumptions of Continuous-Time Financial Models." In Financial Economics: Essays in Honor of Paul Cootner, edited by W. F. Sharpe and C. M. Cootner.

Economic theories are often expressed using mathematical formulas. Graduate school in economics requires a considerable investment in formal mathematics training. For these reasons, we require that ...