They may be taught the basics of interest rates as a mathematical principle, but applied economics is a topic often left until high school for study.
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Taha Yasseri, a physicist at the Budapest University of Technology and Economics, created a mathematical model that takes into account data such as the number of readers and editors for the Wikipedia page.
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O'Rourke understands that economics is people, not mathematical equations.
FORBES: Fact and Comment
He dedicated his life to elevating economics into a more precise science using mathematical and statistical techniques.
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