Essentials of Logic and Set Theory

In econometrics, precise logical reasoning is essential. We begin with set theory, crucial for understanding how economic agents make optimal choices from feasible alternatives. Next, we cover basic logic and mathematical proofs, foundational for constructing sound arguments. Finally, we discuss mathematical induction, a method important for grasping key mathematical results used in economics.

This section is based on Chapter 1 of Essential Mathematics for Economic Analysis.

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