The world of economics is a complicated and messy place. Yet modern economic analysis rests on an attempt to represent the world by means of simple mathematical models. To what extent is this possible? How can such a programme cope with the fact that economic outcomes are often driven by factors that are notoriously difficult to quantify? Can such mathematical modelling lead us to theories that work? In these lectures, John Sutton explores what he...
Related Subjects
Business Business & Investing Economics Math Mathematics Popular Economics Science & Math