This is what I thought, but I was surprised to see how prominently it was mentioned on admissions websites.
Originally Posted by Nanashi
Could be (one reason) why it is mentioned as often as it is.
Originally Posted by corolla09
Trying to make mom and pop proud
- Rep Power
"I don't think Diff Eq is hard"
You are mistaken. You definitely need very good knowledge of diff equations, calculus and linear algebra for PhD in Economics. I strongly recommend you look further into that. It is not simply solving ODEs (some ODEs can actually be quite tricky), there are several SDEs that come up especially in economics related to finance.
For me, the main advantages of ODE were:
a) review and practice of integration methods (the details for which I had long since forgotten)
b) it makes Fourier transforms feel a little less intimidating if you are comfortable working with LaPlace transforms
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