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| Author: | Zhao, Linyun |
| Title: | Right and wrong of mathematicalization of economics (original in Chinese) |
| Journal: | Economist (c)
1999 : 1, p.84-89 |
| Index terms: | ECONOMETRICS |
| Language: | chn |
| Abstract: | As a social science, economics can use neither microscope nor regent while exploring laws of economic life. In Marx's words it should be substituted by "abstract force". By the "abstract force" economics formed its own study method and tool. Mathematical tools have been extensively used in economics which can increase the efficiency of economics, but if mathematicalization of economics goes too far, it would also make economics loose its own characteristics. |
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