Pakistan Institute of Development Economics


Connecting math and economics

Publication Year : 2021
Author: Sonan Memon
Explore More : PIDE in Press

MATHEMATICS, often referred to as the language of nature, is arguably the most profound achievement of the human intellect. Why is math so unreasonably effective in explaining the natural world as physicist Eugene Wigner famously argued? For instance, the complex numbers, invented to solve equations without real solutions are crucial for understanding quantum mechanics in modern physics. Similarly, Srinivasa Ramanujan’s work in number theory has astonishing applications in understanding black holes! Physics is littered with many such examples of the fascinating applications of math which was developed ‘merely’ for its own sake.

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