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Graphs such as these are among the objects studied by discrete mathematics, for their interesting mathematical properties, their usefulness as models of real-world problems, and their importance in developing computer algorithms.
Mathematical economics is the application of mathematical methods to represent theories and analyze problems in economics.Often, these applied methods are beyond simple geometry, and may include differential and integral calculus, difference and differential equations, matrix algebra, mathematical programming, or other computational methods.
Discrete time is often employed when empirical measurements are involved, because normally it is only possible to measure variables sequentially. For example, while economic activity actually occurs continuously, there being no moment when the economy is totally in a pause, it is only possible to measure economic activity discretely.
Figure 1. Finding the shortest path in a graph using optimal substructure; a straight line indicates a single edge; a wavy line indicates a shortest path between the two vertices it connects (among other paths, not shown, sharing the same two vertices); the bold line is the overall shortest path from start to goal.
The problem of estimating the maximum of a discrete uniform distribution on the integer interval [,] from a sample of k observations is commonly known as the German tank problem, following the practical application of this maximum estimation problem, during World War II, by Allied forces seeking to estimate German tank production.
In mathematics, for given real numbers a and b, the logarithm log b a is a number x such that b x = a.Analogously, in any group G, powers b k can be defined for all integers k, and the discrete logarithm log b a is an integer k such that b k = a.
A diagram illustrating the great-circle distance (in cyan) and the straight-line distance (in red) between two points P and Q on a sphere.. To see the utility of different notions of distance, consider the surface of the Earth as a set of points.
Venn diagram showing the union of sets A and B as everything not in white. In combinatorics, the inclusion–exclusion principle is a counting technique which generalizes the familiar method of obtaining the number of elements in the union of two finite sets; symbolically expressed as