• Mrs. A.S. Salunkhe

Mathematics used every where in the world . Mathematics plays an important role in Business and economics.Without mathematics one feels helpless in every aspect of economic relations So calculus plays a vital role in taxes, profit and revenue calculations which are very important for any business. . In Economics there are two purposes to apply mathematics, one is the mathematical tools needed to make and understand economic arguments, the second one is, to make you comfortable talking about economics using the shorthand of mathematics. The application of mathematical techniques to the analysis of economic problems is a methodological possibility. This technique often called as Mathematical economics. This Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics. Mathematics allows economists to form meaningful, testable propositions about wide-ranging and complex subjects which could less easily be expressed informally. Differentiation: Rate measurer: most of the economic decisions are based on mathematical concepts “Derivatives”. Slope: Graphically the value of dy/dx is the slope or gradient of a curve. . Parabola: quadratic Function or second Degree function is yet another mathematical concept. The graph of this function is a “parabola. Functions : A mathematical function describes the relation between two or more than two variables

Mathematics, Business and Commerce, Business Mathematics.

"APPLICATIONS OF MATHEMATICS IN ECONOMICS - A STUDY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.7, Issue 2, page no.1286-1288, February-2020, Available :http://www.jetir.org/papers/JETIR2002185.pdf

"APPLICATIONS OF MATHEMATICS IN ECONOMICS - A STUDY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.7, Issue 2, page no. pp1286-1288, February-2020, Available at : http://www.jetir.org/papers/JETIR2002185.pdf