@yourbuttocks:
Higher math is so useless.
I still believe Newton invented Calculus simply to feel superior to everyone else.
Well, it was Newton and Leibniz who invented it, and they did it because it was time for it. To solve many of the problems they had, they just needed it.
@yourbuttocks:
Calculus doesn’t apply to economics, does it? If it does, please give me an example because I don’t understand.
Ok, very simple:
A product has a linearly rising “cost”-function (of produced items), and a quadratically declining “asset”-function (of sold items)… which is the best
number to be produced and at what price will they be sold?
True, the calculus you need is not that hard for economy… unless you go into macroeconomics, there it gets interesting (but still not enough understood with oversimplified models)… but for an MBA i do not see that you need more than a bit of calculus, some common sense, and the ability to talk of simple things in a very complicated way, so that others think it is some kind of “science”…
Is Calculus going to help me land a new account? Is it going to help me play trivial pursuit? Is it going to help me construct a good argument, or help me keep track of my time, or help me give a speech? Or is it going to help me in Calculus class and Physics class…
It is not helping you with a new account; it can help you win trivial pursuit if the right questions come up; it will help you in an argument, as it trains your logic; it can help you plan your time; it won’t necessarily help you with a speech; but it will help you in any math or science class.
Plus: You need to understand the concept of exponential growth to be a successful manager…. especially that exponential growth cannot be sustained… if you see that contradiction (which your shareholders don’t see), you also see how to blind them and tell them what they want to hear without letting them interfere with what has to be done :) :)