Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.

Today’s economists rarely consult Adam Smith’s 1776 The Wealth of Nations, however celebrated it is for revealing the workings of the market. Contemporary practitioners are often more at home with ...

The Center for Mathematical Studies in Economics and Management Science (CMS-EMS) was created in 1971 to bring together economists, mathematicians, and social scientists at Northwestern University who ...

Discover how econometricians use math and statistics to analyze and predict economic trends, serving in finance and academia ...

The single most famous weather forecast in British history is also one of the worst. In October 1987, a meteorologist working for the British Broadcasting Corporation reassured a concerned viewer that ...