

Economics draws on several tools from mathematical analysis, including the derivative.



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The idea of discontinuity is epitomized by two “functions” named after the physicists Heaviside and Dirac. An economic problem offers an opportunity to introduce the fundamentals of the underlying mathematical theory intuitively.

Many physical and economic phenomena are described by differential equations. This implies, in particular, that the functions we seek are differentiable, but also that the phenomena concerned are locally deterministic.

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