Which branch of mathematics is this?

In summary, the conversation discusses the equation below and the question of which branch of mathematics predominates in it. The equation is part of a monetary policy and there is no specific branch of mathematics that predominates in it. The Wikipedia article linked provides a description of each variable in the equation.
  • #1
Cinitiator
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Homework Statement


Which branch of mathematics predominates in the equation below?


Homework Equations


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Source: http://en.wikipedia.org/wiki/Taylor_rule

The Attempt at a Solution



I know that a line over a number can mean either a statistical mean or a complex conjugate, and that a star in the exponent of a number is usually used to specify either a complex conjugate or delta x in Riemann sums.

Which is the case in this equation? I think that it's most likely complex conjugate notation, but I'm not sure. Oh, and the main question is: Which branch of mathematics predominates in this equation?
 
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  • #2
In the wikipedia article that you link to, in the paragraph RIGHT below the equation, is a description of what EACH of the variables is.

As for "which branch of mathematics predominates this equation" it doesn't look like there is one, given this is an equation in MONETARY POLICY (again, this is ALL in the article you link).
 

1. What is the difference between pure mathematics and applied mathematics?

Pure mathematics is focused on abstract concepts and theories, while applied mathematics is used to solve real-world problems.

2. What are the main branches of mathematics?

The main branches of mathematics include algebra, geometry, calculus, statistics, and number theory.

3. What is the purpose of studying different branches of mathematics?

Studying different branches of mathematics allows us to understand and describe the world around us, solve problems, and make predictions in various fields such as science, engineering, and finance.

4. How do I determine which branch of mathematics to use for a specific problem?

The branch of mathematics to use for a specific problem depends on the nature of the problem and the type of information available. For example, if the problem involves quantities and their relationships, algebra or calculus may be useful, while geometry may be more applicable for visualizing and measuring shapes and angles.

5. Is it necessary to have a strong foundation in all branches of mathematics?

While having a strong foundation in mathematics is important, it is not necessary to be an expert in all branches. It is more important to have a good understanding of the fundamental concepts and principles that apply to a wide range of problems.

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