Financial Economics, Mathematical Economics, Microeconomics
Compound Interest: Simple vs Compound vs Continuous CompoundingEinstein almost certainly never called compound interest the eighth wonder of the world. The mathematics is remarkable enough without the endorsement — and once you see why the number e turns up uninvited,...
Consumer Choice, Mathematical Economics, Microeconomics
Introduction: Economics as Constrained Optimisation Nearly every proposition in microeconomics is the solution to the same mathematical problem. A consumer maximises utility subject to a budget. A firm minimises cost subject to an output requirement. A planner...
