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Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.

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Q: What are the sub-branches of economics that relies on fields of statistics and mathematics?
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What are the uses of statistics in social sciences and management fields?

Statistics plays a vital role in every fields of human activity. Statistics has important role in determining the existing position of per capita income, unemployment, population growth rate, housing, schooling medical facilities etc. in a country. Now statistics holds a central position in almost every field like Industry, Commerce, Trade, Physics, Chemistry, Economics, Mathematics, Biology, Botany, Psychology, Astronomy etc., so application of statistics is very wide.


How do you define 'mathematics'?

Mathematics is a formal science that studies abstract objects such as quantities or shapes which can be applicable to other scientific fields such as physics, chemistry, or economics or studied for its own sake.


What is modern mathematics?

Mathematics became very analytical around the time of Riemann (1826-1866). The mathematics that followed from this is known as modern mathematics. Applied mathematicians may consider more recent mathematics in the second half of the 1900's to be modern mathematics, when computers, economics, and finance (etc) all became huge fields in mathematics.


What are different fields of statistics?

The two main forms of statistics are qualitative (descriptive) statistics and quantitative (inferential or inductive) statistics.


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What are other sciences economics cannot do without?

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Pythagoras fields of study?

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