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Mathematical Economics, Social Science and Political Science are inter-related. In this paper, an attempt has been made to describe aspects of these subjects by introducing examples, definitions, mathematical calculations and discussions. Game Theory is included in this paper to study...
Persistent link: https://www.econbiz.de/10011259154
Mathematical Economics is closely related with Social Choice Theory. In this paper, an attempt has been made to show this relation by introducing utility functions, preference relations and Arrow’s impossibility theorem with easier mathematical calculations. The paper begins with some...
Persistent link: https://www.econbiz.de/10011260951
In the 1990s the extraction of unconventional shale gas extraction increases in the USA due to national and global demand of energy. The expansion of shale gas production will provide low carbon economy, therefore it is a positive side of low greenhouse gas emissions in the atmosphere and...
Persistent link: https://www.econbiz.de/10011109674
This paper discusses the effects of methane gas which causes sever global warming in the atmosphere. Global warming becomes main issue in economics in the 21st century. Because global climate change becomes more dangerous and every nation realized that this is due to greenhouse gas emissions....
Persistent link: https://www.econbiz.de/10011110064