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

\({\log _a}a = 1\) (since \({a^1} = a\)) so \({\log _7}7 = 1\) \({\log _a}1 = 0\) (since \({a^0} = 1\)) so \({\log _{20}}1 = 0\) \({\log _a}p + {\log _a}q = {\log _a ...

Mathematical equations aren't just useful — many are quite beautiful. And many scientists admit they are often fond of particular formulas not just for their function, but for their form, and the ...