Usually means: Analysis of economic problems mathematically.
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We found 3 dictionaries that define the word mathematical economics:

General (3 matching dictionaries)
  1. mathematical economics: Longman Dictionary of Contemporary English
  2. mathematical economics: Wiktionary
  3. Mathematical economics: Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (mathematical economics)

noun:  (economics, mathematics) A sub-field of economics which aims at expressing economic theories with mathematical formulae.

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