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Mathematics is an important tool in economics for organizing thought, proving logic, and helping understand and solve social, economic, and natural problems. Mathematics allows economists to simplify problems, predict outcomes, and make informed decisions. Students interviewed said that mathematics is useful for counting, predicting sales, developing intelligence, and skills like calculating depreciation and amortization. Mathematics also provides analytical skills needed to analyze organizations and solve a variety of situations. Using mathematical language and concepts allows economic problems to be presented, understood, analyzed, and solved in a simpler manner.

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223 views2 pages

Explanation Text Neww

Mathematics is an important tool in economics for organizing thought, proving logic, and helping understand and solve social, economic, and natural problems. Mathematics allows economists to simplify problems, predict outcomes, and make informed decisions. Students interviewed said that mathematics is useful for counting, predicting sales, developing intelligence, and skills like calculating depreciation and amortization. Mathematics also provides analytical skills needed to analyze organizations and solve a variety of situations. Using mathematical language and concepts allows economic problems to be presented, understood, analyzed, and solved in a simpler manner.

Uploaded by

Parapara
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Why Mathematics in Economics is Important?

Mathematics is one of the basic science. Mathematics is universal science which


develops modern of technology and has the important role in our life. Mathematics can
organize mindset and prove the logic. Mathematics is not only science that was taught in school
but also can help people in understanding and mastering the social, economic and nature
problems.
We can not live without mathematics because we always use mathematics in our activity.
Why do we learn mathematics? Because mathematics is important for us to be mastered so we
can solve the problem correctly. Aphorism says that Many Roads Lead to Rome. In
Mathematics, we have two kinds of purpose. That are formal nature and material nature. The
formal nature emphasizes students to have reason and shape students personality and material
nature emphasizes on skill in solving Mathematics problems.
Mathematics is a part of Economics. Mathematics in Economics is used as media or tool
to simplify presentation or problem understanding. Problems in Economics can be solved simply
by using Mathematics language. Mathematics concepts in Economics becomes important. There
are some reasons that why Mathematics in Economics is important.
On 17 April 2016, we conducted interview to some students from Economics faculty. We
asked them why Mathematics in Economics is important. First, according to Evi Choirul Mala,
Mathematics in Economics is important and very influential especially in counting. It can predict
a sale of product in the next 10 years. Second, according to Dian Fitri Umami, Mathematics
makes us intelligent and there are some skills in Mathematics that can be applied in Economics.
There are some applications of Mathematics in Economics such as to calculate depreciation,
amortization and capital. Mathematical knowledge is used to take the right decision too. Third,
according to Ratna Sari, Mathematics is one of the subjects in Economics to analyze the
capability, structure and skill in the organization. The relation of learning Mathematics in
Economics is very firm with calculations, especially in accounting to calculate something about
business. If all of them are not basic in analytical brain, it will not provide a solution for every
situations and give analytical skills to every person.

Thus learning Mathematics in Economics also requires media or tools to simplify the
presentation and understanding of the problem solving. If we use mathematics language, the
problems in Economics can be simpler in serving, understanding, analyzing and solving
problems. The concepts Mathematics is very important in economics to analyze a problem.
Mathematics model can be combined with Economics concept. So, it can be easier to understand
Economics problem and can be applied in our life.
Finally, learning Mathematics is a to economics analysis, which the economics experts
use mathematics symbols to express problems and also give illustration which has been helped
discussion. Mathematics symbols be better than the words in the sentences so the problems in the
economics can be described. Therefore, learning Mathematics can figure out the mathematical
language, the usage of verbal expression replaced with mathematical symbols so to memorize the
idea can be more efficient, accurate and systematically.

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