St Andrews, United Kingdom

Economics and Mathematics

Integrated Master's degree
Language: EnglishStudies in English
Subject area: economy and administration
Qualification: MA
Kind of studies: full-time studies
Master of Arts (MA)
University website: andrews.ac.uk
Economics
Economics () is the social science that studies the production, distribution, and consumption of goods and services.
Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
Economics
The field of economics is not exempt from the consequences of chaos and complexity. Marketplaces are indeterminate; value is subjective; and outcomes are subject to interpretation. Economic forecasting is just as nebulous, being based on the probability of statistical information that may or may not be accurate.
L.K. Samuels, In Defense of Chaos: The Chaology of Politics, Economics and Human Action, Cobden Press (2013) p. 16.
Economics
Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.
Franklin Delano Roosevelt, request to Congress to effect drastic economies in the government (March 10, 1933); in The Public Papers and Addresses of Franklin D. Roosevelt, 1933 (1938), p. 50.
Mathematics
“It’s magic,” the chief cook concluded, in awe.
“No, not magic,” the ship’s doctor replied. “It’s much more. It’s mathematics.”
David Brin, Glory Season (1993), chapter 24
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