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Difference between statics and comparative static analysis in mathematical economics? - Answers
Statics is a branch of mathematics concerned with the analysis of loads or physical systems in equilibrium. Comparative static analysis is a branch of economics that compares two different economic outcomes, before and after a change of some kind in an outside parameter.
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Difference between statics and comparative static analysis in mathematical economics? - Answers
Statics is a branch of mathematics concerned with the analysis of loads or physical systems in equilibrium. Comparative static analysis is a branch of economics that compares two different economic outcomes, before and after a change of some kind in an outside parameter.
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Difference between statics and comparative static analysis in mathematical economics? - Answers
Statics is a branch of mathematics concerned with the analysis of loads or physical systems in equilibrium. Comparative static analysis is a branch of economics that compares two different economic outcomes, before and after a change of some kind in an outside parameter.
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