• qyron@sopuli.xyz
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    1 year ago

    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.

      • qyron@sopuli.xyz
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        1 year ago

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

        • kaffiene@lemmy.world
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          1 year ago

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

          • qyron@sopuli.xyz
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            1 year ago

            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.