Topic: Mathematics and economy (Read 841 times)
If there is at least one university in the most underdeveloped country in the world then there must be the Department of Economics. if you fall into the economy you do not have to think about job opportunities. It is better to study economics at the undergraduate level and then move towards specialized while doing postgraduate and PhD. Because now almost everything is becoming specialized. So if you don't know about those specializations you will have to face problems later. Third world countries are dominated by both mathematics and economics. Mathematics and economy is very important for students to have knowledge of mathematics for accounting in investment and work.
Many invest in a country usually not because of the people who excel in mathematics. but they choose where it is strategic and the production costs are low. for mathematical intelligence it is related to how the individual's career will be, not with the country
I agreed with what you said because companies or groups that invest in country that have huge number of students winning the Olympic award in mathematics while the country itself dont have the required resources, commended tax per production and infrastructure the investors or company will bankrupt, so OP the companies that moved to the Southeast Asian countries dont actually moved of they have numerous students that won high prizes in Olympic math.Cheap labor and cost of electricity are among other important aspects when a company decides to open their headquarters or offices in a particular country and it is obvious that every country has good and bad students/employees so that doesn't matter as much I think. I don't know if OP is true about Samsung moving it's factories from China to Vietnam but if that's the case that might be because of the cheaper taxation there.
I agree that a country that has many students who win the OLYMPIC math is an investment for that country, can be a valuable asset
for the country. But the problem is that some third world countries do not provide large salaries to their citizens, so some of these
students choose to work in developed countries which provide a large income. This has happened in several Southeast Asian countries,
and in my opinion a solution should be found so that these students can work in their own country. It's the government's job to make
students who win OLYMPIC math want to work in their own country.
The environment is one of the challenges for good students to make their way through development mentally not only in math subjects but to other subjects as well. Our country is a third world country and that we can't excel that much because of not having a good support like educational activities and events that could improve the student's capability and to improve more to become more competent. for the country. But the problem is that some third world countries do not provide large salaries to their citizens, so some of these
students choose to work in developed countries which provide a large income. This has happened in several Southeast Asian countries,
and in my opinion a solution should be found so that these students can work in their own country. It's the government's job to make
students who win OLYMPIC math want to work in their own country.
I agree that a country that has many students who win the OLYMPIC math is an investment for that country, can be a valuable asset
for the country. But the problem is that some third world countries do not provide large salaries to their citizens, so some of these
students choose to work in developed countries which provide a large income. This has happened in several Southeast Asian countries,
and in my opinion a solution should be found so that these students can work in their own country. It's the government's job to make
students who win OLYMPIC math want to work in their own country.
for the country. But the problem is that some third world countries do not provide large salaries to their citizens, so some of these
students choose to work in developed countries which provide a large income. This has happened in several Southeast Asian countries,
and in my opinion a solution should be found so that these students can work in their own country. It's the government's job to make
students who win OLYMPIC math want to work in their own country.
Many invest in a country usually not because of the people who excel in mathematics. but they choose where it is strategic and the production costs are low. for mathematical intelligence it is related to how the individual's career will be, not with the country
I agreed with what you said because companies or groups that invest in country that have huge number of students winning the Olympic award in mathematics while the country itself dont have the required resources, commended tax per production and infrastructure the investors or company will bankrupt, so OP the companies that moved to the Southeast Asian countries dont actually moved of they have numerous students that won high prizes in Olympic math. Mathematics is indeed quite important, but if you ask about factories, it will relate to human resources, where there are many workers that can be accommodated, investors will always build factories there. ofcourse mathematics also plays a role here, but in relatively small portions
Mathematics is the basis for business decisions and many other things, indeed the effect is not that big, but the basis of many decisions taken by the state and investors is accurate calculations, mathematics does not play a visible role, but every calculation in a decision is where mathematics lies. I admire China which is able to develop its country into a country with a very large economy, I believe that many people in China are very good at mathematical calculations, so I think this has something to do with it.
Many invest in a country usually not because of the people who excel in mathematics. but they choose where it is strategic and the production costs are low. for mathematical intelligence it is related to how the individual's career will be, not with the country
In your words, they will be recruiting in densely populated, low-skilled and low-cost places to create their products. We need to take a scientific and valid look at the problem.
Mathematics is indeed quite important, but if you ask about factories, it will relate to human resources, where there are many workers that can be accommodated, investors will always build factories there. ofcourse mathematics also plays a role here, but in relatively small portions
Mathematics is useful for companies because it has a role in helping to create engineers involved in programming. These individuals will become human resources for businesses, whether large or small. Math skills also serve well in the work that requires logical processes. Employers will also look at the overall level of a country's education through the awards they win to calculate factory investments. The meaning of their team here represents a country, it is the average of the quality of the human resources, not just to a specific individual. 
Many invest in a country usually not because of the people who excel in mathematics. but they choose where it is strategic and the production costs are low. for mathematical intelligence it is related to how the individual's career will be, not with the country
Well, mathematics is being used as something for development but once the formula was developed, there's no need for it and the only thing you must do is to increase the production rate. When it comes to production rate, we need manpower that operates to produce. In that way, there is successful business out there that doesn't rely too much on complex mathematics for more production. You don't need a math wiz just to build a business, you need strategic workers that will make your business grow, and that will help also the economy.
Mathematics is indeed quite important, but if you ask about factories, it will relate to human resources, where there are many workers that can be accommodated, investors will always build factories there. ofcourse mathematics also plays a role here, but in relatively small portions
economic mathematics is the application of mathematical methods to represent theories and analyze economic problems.by convention,these applied methods go beyond simple geometry, such as differential and
integral calculus,differences and differences of equations.add to this the language of mathematics allows economists to make definite,positive claims about controversial or non controversial topics that are imposible
without mathematics..
integral calculus,differences and differences of equations.add to this the language of mathematics allows economists to make definite,positive claims about controversial or non controversial topics that are imposible
without mathematics..
Many invest in a country usually not because of the people who excel in mathematics. but they choose where it is strategic and the production costs are low. for mathematical intelligence it is related to how the individual's career will be, not with the country
I believe you can try to convince others as much as you want with higher level of education as a nation but as long as you do not have the proper companies that could be smart to invest, you are not going to be really good and not get the funding you are looking for.
Definitely a higher level of math would mean that those traders would be willing to work hard and would be smart enough to make a profit but if the stock market is full of bad companies that will not make money, how are they going to trade them to profit?
Also if the money you have doesn't mean as much in dollar form (low exchange rate) that means that nation can't make billions from just one company that easily and even if there is any it would be very rare. So all in all I would say country needs to elevate all together and math is not enough.
Definitely a higher level of math would mean that those traders would be willing to work hard and would be smart enough to make a profit but if the stock market is full of bad companies that will not make money, how are they going to trade them to profit?
Also if the money you have doesn't mean as much in dollar form (low exchange rate) that means that nation can't make billions from just one company that easily and even if there is any it would be very rare. So all in all I would say country needs to elevate all together and math is not enough.
Any reference to your claims? I am sure that companies make their manufacturing in southeast Asia because of the cheap labor compared to their country of origin. They would turn bigger and make their margins even larger with outsourcing and transferring their manufacturing to another country. That’s the finance part.
Some manufacturing companies are also moving out of China because of the pandemic. I don’t think that it’s about mathematics but it is the overall education achievements by The citizens there. They don’t have to send their own for a long time to train. This so-called ex-pat.
Some manufacturing companies are also moving out of China because of the pandemic. I don’t think that it’s about mathematics but it is the overall education achievements by The citizens there. They don’t have to send their own for a long time to train. This so-called ex-pat.
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
This has nothing to do with winning math olympics and everything to do with the cost of labor. As China's economy continues to progress, labor becomes more expensive. So companies will continue to do what they've always done since the advent of the industrial revolution and move a location where the labor is cheaper. Vietnam and Malaysia are the new China. When those economies develop, you'll see manufacturing seek less developed economies to exploit.
Maths and Economy should not have a relation but quality education and economy have a deep relation so maybe a country where more olympiad's are done attracts more people because it certainly shows that the country has higher emphasis on education and that directly relates to the economy.
How can be mathematics Olympiad be related to the development of the economy or the reason why certain companies are moving out to invest into countries where there are high rates of mathematics Olympiad? Is there any proven statistics or information to prove the relationship of the two? Maybe it just so happen that it is a coincidence that certain companies are moving out into such country because of the man power output it can produce that on the same time they are having a high rate of mathematics Olympiad. I think it is not barely because of the students but the capacity and capability of the people is the reason why companies are investing into such countries.
There's no correlation between the two, but in a way that Mathematics can create a person which is intelligent and smart in a technical way.
Mathematics can make engineers, teachers, and etc., to build a better world for a community and the economy. Math Olympics is a good way of making and building students or individual to improve their problem solving skills which is really necessary in a job. It is just happens that mathematics is needed in an economy and as an Olympics to test people's capability of doing it while they are in the industry.
Not even close to reality, check the results.
The top countries in Europe for example are Russia and Serbia, nobody is rushing to invest in them, rather then that you should think of the good results are people desperately wanting to learn to get out of there.
Certainly, the maths are trying to break out of the country and find an academic environment that matches their abilities.The top countries in Europe for example are Russia and Serbia, nobody is rushing to invest in them, rather then that you should think of the good results are people desperately wanting to learn to get out of there.
Again contradiction, as China scores better than Vietnam and Malaysia is at the middle bottom.
Second, nobody really gives a damn about those scores, it's like the Olympics in sport, the USA is getting so many medals and yet the obesity rate in its population is disastrous, same with math, they are second in the ranking, does it means all Americans are 4 times better at math than germans? Youtube disagrees
China is being withdrawn from investment capital due to the order of the US government.
I agree with you on a variety of health views, award-winning athletes, and obese people. We should only consider such a relatively accurate youth.
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
This does not make any sense at all. I can not even see the connection between mathematics and the economy while reading your current post. Factories do not need OLYMPIC math winners. They only need productive and honest workers at a cheap price. Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
The reasons why many factories are moving out of China are the trade wars between the USA and the unfair tax they are making over the world. For better economic equality, countries from over the world are avoiding working with China even though this means they will have to spend more money on workers as well as new facilities and infrastructures. Well, I do appreciate these actions since China has been marginalizing other parts of the world for many years. They have been played with their own rules for a while and this time they have to pay for it
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Not even close to reality, check the results.
The top countries in Europe for example are Russia and Serbia, nobody is rushing to invest in them, rather then that you should think of the good results are people desperately wanting to learn to get out of there.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
Again contradiction, as China scores better than Vietnam and Malaysia is at the middle bottom.
Second, nobody really gives a damn about those scores, it's like the Olympics in sport, the USA is getting so many medals and yet the obesity rate in its population is disastrous, same with math, they are second in the ranking, does it means all Americans are 4 times better at math than germans? Youtube disagrees
The Internet may not have topics similar to this but I am sure they will be relevant. The Mathematical Olympiad reflects a country's education. If they have many good students, their country's education is getting better and better.
No, it does not.
When it comes to all students and not the elite ones studies are placing Finland first, in the Olympics Finland is placed below Uzbekistan or Moldova or Peru.
I assume you're not going to say schools are better in those three.
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
It is about the consistency and the government policies for that country. If the companies who are looking to invest their manufacturing or any sector that they are operating with agrees to the policy of that specific country, they're likely to invest on it.Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
One conflict is the government policy which is subjective and not favorable to those companies and that's why some companies are not pursuing to invest to those countries if they see a barrier for their business. Those achievements in competitions, sporting events or any reowned recreational activity also helps.
OK what of a situations were buy the country refused to welcomed their company investment, does it mean that such company can't established. Because I have seem a country their government policies does not deprived investors to established.
Shall you are making a point via your perspective or point of views, because their is numerous ways to established even though such country refutes your services based on their policy, you can seek for another investment that sort to their policy of the country provided that you really wants to establish with them.
A country with many students winning high prizes in OLYMPIC math will get more attention and those countries will be considered for investment.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
Southeast Asian countries are being invested in inflows of FDI inflows that have increased dramatically in recent years due to the number of students winning the OLYMPIC award in math.
Samsung is moving its factories from China to Vietnam. iPhone manufacturing factories are considering moving to neighboring countries Malaysia and Vietnam.
This has nothing to do with winning math olympics and everything to do with the cost of labor. As China's economy continues to progress, labor becomes more expensive. So companies will continue to do what they've always done since the advent of the industrial revolution and move a location where the labor is cheaper. Vietnam and Malaysia are the new China. When those economies develop, you'll see manufacturing seek less developed economies to exploit.
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