REMARKS ON MEANS IN ECONOMICS Cover Image

UWAGI NA TEMAT ŚREDNICH W EKONOMII
REMARKS ON MEANS IN ECONOMICS

Author(s): Beata Fałda, Józef Zając
Subject(s): Business Economy / Management
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: arithmetic mean; harmonic mean; geometric mean; algebraic structure

Summary/Abstract: The use of mathematical and statistical methods and tools is an integral part of economic analysis. Without questioning the need of economics mathematization, it is worth looking at some of the “traps” that can come across if we uncritically exploit the strict science. In this paper the authors present the results of studies on the uniqueness of relations between basic economic parameters and corresponding means.

  • Issue Year: XVIII/2017
  • Issue No: 2
  • Page Range: 232-241
  • Page Count: 10
  • Language: Polish
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