article thumbnail

Should universities use differential treatment to admit students?

Futurum

How does economics combine mathematics and social science? On one hand, we build mathematical models, we conduct statistical analyses, and we run computer simulations,” says Emil. “On In industry, economists are often employed by consulting companies, financial institutions and businesses which need data analytics,” says Emil.

Economics 111
article thumbnail

How is mathematics applied to real world problems?

Futurum

It is an incredibly useful field with a wide range of applications from biological and social sciences to computer animation and finance. Applied mathematics is essential to solving real world problems in many areas, and Anotida’s work goes far beyond his own research in theoretical and computational biology.