A History of Mathematics in Economics - From Aristotle to Artificial Intelligence. DE

This book explores the importance of mathematics (analysis, algebra, topology, probability, and inferential statistics) within the history and development of economics. It offers a long-term perspective on the links between mathematics and economics, taking into account the influence of historical events, to create a genealogy of quantitative economics. Starting with Aristotle and the early economic pioneers, such as Petty, Isnard, Cournot, Ricardo, Marx, and Walras ,the development of economics over many centuries is charted, including marginalism, general equilibrium, neoclassical synthesis, linear economics, game theory, econometrics, financial theory, and artificial intelligence.
This book provides insight into an overlooked part of economics history to create a new framework for economic analysis. It will be relevant to students and researchers interested in the history of economic thought from a quantitative perspective, filling a gap in the existing literature.

List of contents

1. Introduction.- 2. The precursors (From Aristotle to Quételet).- 3. Classicism and mathematics.- 4. Marginalism and general equilibrium.- 5. The first neoclassical synthesis.- 6. The years of formalized High Theory (1914-1940).- 7. Linear economics and mathematics (1911-1940).- 8. The new synthesis of the Great Thirties.- 9. New mathematics and general equilibrium.- 10. Game theory: The mathematics of economics.- 11. Exchanges, market forms and game theory.- 12. Econometrics: The Long March towards autonomy.- 13. Financial theory and mathematics.- 14. Big data and artificial intelligence in economics.

Product details

• Authors: Francis Bismans, Maria Do Rosário Grossinho
• Publisher: Springer, Berlin
• Languages: English
• Product format: Hardback
• Release: 13.05.2026
• EAN: 9783032173508
• ISBN: 978-3-0-3217350-8
• Illustrations: Approx. 300 p.
• Subjects: Social sciences, law, business > Business > Economics; Spieltheorie, Wirtschaftspolitik, politische Ökonomie, Economic Policy, Ökonometrie und Wirtschaftsstatistik, keynesian economics, neoclassical economics, game theory, History of Economic Thought and Methodology, Econometrics, Political Economy and Economic Systems, Evolutionary economics, general equilibrium, economic modelling, Financial Econometrics, Macroeconomic models, Market economics, Linear economics, Marginalism, Mathematics of economics, Artificial intelligence in economics, Financial theory, Economic exchange, High theory, Cooperative theory, Role of mathematics in economics, Non-stationary economic models