[Math] Is vector geometry useful within economics

economicsfinancegeometryvectors

I'm going to be taking a semester of math after my bachelor's in economics before I go on to do a master's, and one of the mandatory courses in that semester is linear algebra with a focus on vector geometry. This is how they describe it:

The course gives an introduction to elementary linear algebra with a focus on vector geometry.

Analytic geometry in two and three dimensions: vectors, bases and
coordinates, linear dependence, equations of lines and planes, inner
product, quadratic curves, calculation of distances and angles, vector
and volume product, calculation of area and volume.

Is this stuff useful within economics? I'm fairly sure the other courses are useful but I'm unsure about this one, partly I guess because I don't have a clear picture of what vector geometry really is. The course is not designed specifically for economics students so that's why I'm asking.

Best Answer

Econometrics is largely mathematics. If you want to be able to understand it, you have to know the math behind it. Otherwise you will be in a perpetual struggle to grasp the math in what you are learning. So, yes, it is relevant.

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