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Mathematical economics is the application
of mathematical methods to represent economic
theories and analyze problems posed in economics. It
allows formulation and derivation of key
relationships in a theory with clarity, generality,
rigor, and simplicity. By convention, the applied
methods refer to those beyond simple geometry, such
as differential and integral calculus, difference
and differential equations, matrix algebra, and
mathematical programming and other computational
methods. [Adapted from Wikipedia]
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