Economics4Life

01-30-2015, 07:23 PM

For a Msc in Economics and later on in a PhD? Not for the entrance, but in the day-by-day courses...

View Full Version : How much Maths is actually needed

Economics4Life

01-30-2015, 07:23 PM

For a Msc in Economics and later on in a PhD? Not for the entrance, but in the day-by-day courses...

YaSvoboden

01-30-2015, 09:04 PM

Calculus, Analysis, Linear Algebra, and Statistics are really essential and used every day.

Food4Thought

01-30-2015, 11:30 PM

Agreed. A very solid of multivariable calculus and linear algebra is a must. Statistics is a very important thing to know (mgfs, estimators, Rao-Blackwell, etc.). Topics in Analysis come up a lot (continuity, differentiability, open and closed sets, etc).

When you see on this forum or hear from people all the advanced math that is used (functional analysis, topology, etc.), they usually refer to the advanced field courses. For instance, you will need to know Tychonoff's Theorem if you end up doing game theory. But that doesn't mean you need to have a course in topology to survive the first year.

When you see on this forum or hear from people all the advanced math that is used (functional analysis, topology, etc.), they usually refer to the advanced field courses. For instance, you will need to know Tychonoff's Theorem if you end up doing game theory. But that doesn't mean you need to have a course in topology to survive the first year.