Description
This seminar presents the different applications of physics in economics. The main objective is to apply alternative theories of physics in microeconomics, macroeconomics, and international economics.
The application of physics in economics requires a good background in mathematics and statistics. Additionally, the seminar will demonstrate different examples to allow for a better understanding of complex and dynamic economic phenomena. Finally, the aim is to encourage economists to use econophysics as an alternative quantitative tool to analyze and solve socio-economic problems from a holistic approach. At the same time, economists need to think out of the box. Modern approaches need to apply new academic disciplines in the study of economics such as biology, chemistry, and pure sciences.
