you are viewing a single comment's thread
view the rest of the comments
[–] 8 points 2 years ago (1 child)

Economics started as a branch of philosophy that got a lot of support because it draw a lot of support for its theory from maths.

Then, more recently, a good number of very inteligent people noticed the behaviours of economic models could be better predict and understood by using very simple psychological analysis and models.

I remember reading an article by two physicists where they just picked the oh-so-precious math of a given economic model, analysed it using the methods used to analyse physics and concluded the model was faulty by x+y+z.

Economics is... a very strange thing.

  • source
  • hideshow 2 child comments
  • [–] 6 points 2 years ago (1 child)

    All science started as an offshoot from Philosophy.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 2 points 2 years ago (1 child)

    Yes but most people tend to think Economics is an offshoot of Mathematics, due to its connection with it.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 2 years ago (1 child)

    What connection? It has about as much connection to math as astrology or social science

  • source
  • parent
  • hideshow 2 child comments
  • [–] 1 point 2 years ago (1 child)

    Social Sciences use statistics and probability mathematics.

    Astrology, to what I know, uses a lot of trignometry.

    After checking the syllabus for an Economics degree in my country there courses of Calculus, Accounting and Algebra, all mandatory.

  • source
  • parent
  • hideshow 2 child comments