Practice
Main articles: Economic methodology, Mathematical economics, and Schools of economicsContemporary economics uses mathematics. Economists draw on the tools of calculus, linear algebra, statistics, game theory, and computer science. Professional economists are expected to be familiar with these tools, while a minority specialize in econometrics and mathematical methods.
Read more about this topic: Modern Economics
Famous quotes containing the word practice:
“If you leave your work for one day, you’ll be out of practice for three.”
—Chinese proverb.
“The astonishment of life, is, the absence of any appearance of reconciliation between the theory and the practice of life.”
—Ralph Waldo Emerson (1803–1882)
“Tricks and treachery are the practice of fools that have not wit enough to be honest.”
—François, Duc De La Rochefoucauld (1613–1680)
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