# does macroeconomics have math

But look, here I am, studying Economics! After getting the basics of economics and a few of the important graphs under my belt, I studied PR's AP microeconomics book. Economics is relevant to … For example, an economist might try to explain what caused the Great Recession in 2008, or she might try to predict how a personal income tax cut would affect automobile purchases. Ian Jacques Mathematics for Economics and Business Geoff Renshaw Maths for Economics Jacques in particular is a fantastic book for self-teaching and you can work through this in your summer before 1st year at uni and be well prepared even if you weren't confident … Sometimes you have to learn about graphs and what they mean, but usually there is little to no math involved. Macro was an awesome class - more fun. The algebraic equation for a line is y = b + mx, where x is the variable on the horizontal axis and y is the variable on the vertical axis, the b term is the y-intercept and the m term is the slope. The Impact of Mathematical Economics . Economic Models and Math. Three Dimension Geometry & Conic Sections used to keep me up at night. Probably not a lot of math. An economics major is a degree option that examines questions related to resource allocation, incentives and wealth, among others. Micro was C-A-K-E. Micro seems more cut and dry. I have a PhD in economics, so I feel qualified to answer this. In this lesson, you'll learn what it is, why it's important and its major principles. I used to lock my academic cupboard in fear that the book will haunt me at night. In my macro class, you basically have to understand supply and demand and some concepts related to that. Is kt more difficult to study Latin or Spanish? Mathematical economics opened the door for true economic modeling. Macroeconomics is a branch of the economics field that studies how the aggregate economy behaves.

Here's what I did (loved economics, got a 5 on both tests).