ARTICLES

The importance of statistics in economics starts with economics research methods. These are used to collect and analyze data for factors, such as per capita income and inflation rate.

www.reference.com/world-view/importance-statistics-economics-c4bb5f1c24b6b9cb

Economic diversity is a multidimensional concept that includes the products, workforce skills and capabilities in a local economy, in addition to how well that economy is able to compete in the global marketplace, accord...

www.reference.com/world-view/economic-diversity-f9e7515cc07c6875

To get a master's degree in economics, a student must complete a one- to two-year graduate program in economics that covers core courses and that may require a thesis or project. The master's degree may be a terminal deg...

www.reference.com/article/master-s-degree-economics-1c3ba31b5d52a3c7

SIMILAR ARTICLES

Trigonometry is important to mathematics as an element of calculus, statistics and linear algebra. Outside of mathematics, it is important to physics, engineering, geography and astronomy as well as architectural design.

www.reference.com/world-view/importance-trigonometry-863ca38da91bba65

Health statistics provide a clear indicator as to the well-being of a population, individual or country, according to the U.S. National Library of Medicine. Statistics in medicine help assess patients and provide insight...

www.reference.com/world-view/importance-statistics-medicine-8ec7cd4fd651addc

The field of education has a number of challenges in terms of policy planning, and statistics are particularly important as they often provide some of the only objective information that administrators use when making or...

www.reference.com/world-view/importance-statistics-education-f8956668ca721057

According to the University of Oregon, calculus is important because "it provides a systematic way for the exact calculation of many areas, volumes and quantities that were beyond the methods of the early Greeks." Calcul...

www.reference.com/world-view/importance-calculus-98947caae70d9143