Critical Analysis of Increasingly Mathematical Economics in the Modern Society

This paper critically examines the escalating trend of mathematization in economics,highlighting its implications and controversies in contemporary economic research.While the application of sophisticated mathematical models and statistical techniques has enhanced the precision,rigor,and status of economics within academia and practical application,concerns arise regarding the potential oversimplification and detachment from real-world complexities.The adoption of mathematical tools has arguably led to a focus on theoretically tractable problems at the expense of those more relevant to practical economic and social issues.This paper explores both the benefits and limitations of this trend,discussing how the reliance on quantitative methods affects the innovation,comprehensibility,and application of economic theories.We argue for a balanced approach that fosters innovation by integrating qualitative insights and embracing interdisciplinary methods to ensure economics remains both rigorous and relevant to societal needs.

Leaf hydraulics coordinated with leaf economics and leaf size in mangrove species along a salinity gradient

Independence among leaf economics,leaf hydraulics and leaf size confers plants great capability in adapting to heterogeneous environments.However,it remains unclear whether the independence of the leaf traits revealed across species still holds within species,especially under stressed conditions.Here,a suite of traits in these dimensions were measured in leaves and roots of a typical mangrove species,Ceriops tagal,which grows in habitats with a similar sunny and hot environment but different soil salinity in southern China.Compared with C.tagal under low soil salinity,C.tagal under high soil salinity had lower photosynthetic capacity,as indicated directly by a lower leaf nitrogen concentration and higher water use efficiency,and indirectly by a higher investment in defense function and thinner palisade tissue;had lower water transport capacity,as evidenced by thinner leaf minor veins and thinner root vessels;and also had much smaller single leaf area.Leaf economics,hydraulics and leaf size of the mangrove species appear to be coordinated as one trait dimension,which likely stemmed from covariation of soil water and nutrient availability along the salinity gradient.The intraspecific leaf trait relationship under a stressful environment is insightful for our understanding of plant adaption to the multifarious environments.

Convergent relationships between flower economics and hydraulic traits across aquatic and terrestrial herbaceous plants

Maintaining open flowers is critical for successful pollination and depends on long-term water and carbon balance.Yet the relationship between how flower hydraulic traits are coordinated in different habitats is poorly understood.Here,we hypothesize that the coordination and trade-offs between floral hydraulics and economics traits are independent of environmental conditions.To test this hypothesis,we investigated a total of 27 flower economics and hydraulic traits in six aquatic and six terrestrial herbaceous species grown in a tropical botanical garden.We found that although there were a few significant differences,most flower hydraulics and economics traits did not differ significantly between aquatic and terrestrial herbaceous plants.Both flower mass per area and floral longevity were significantly positively correlated with the time required for drying full-hydrated flowers to 70%relative water content.Flower dry matter content was strongly and positively related to drought tolerance of the flowers as indicated by flower water potential at the turgor loss point.In addition,there was a trade-off between hydraulic efficiency and the construction cost of a flower across species.Our results show that flowers of aquatic and terrestrial plants follow the same economics spectrum pattern.These results suggest a convergent flower economics design across terrestrial and aquatic plants,providing new insights into the mechanisms by which floral organs adapt to aquatic and terrestrial habitats.

Abstract of Speech by Fred Engst,American Sinologist and Professor of School of International Economics and Trade of University of International Business and Economics

Mr.Fred Engst,American sinologist and Professor of School of International Economics and Trade of University of International Business and Economics,through the perspective of economic development,illustrated the reason for China’s rising and the high-quality growth of China’s economy and analysed the misunderstandings Western scholars currently hold about China.

Problems and Strategies:A Case Study of Translation of the Introduction of Xianda College of Economics and Humanities,SISU

The present paper takes the English translation of the introduction of Xianda College of Economics and Humanities,SISU as an example to explore the translation problems of proper nouns and differences in English and Chinese language expressions in the construction of English introductions in Chinese institutions of higher education with the intention to propose corresponding solutions.It is hoped that this paper will provide some tips for the English translation of international publicity materials for other institutions of higher education.

The Dilemma Between the Heterodox-the Orthodox Economics and Its Ideology

Economic movements have close relation with historical transformations. Historical and social transformations have seriously determined economic views, so, economic movements have been the indicators of economic wars of social classes. But no concept can describe sharp contrast in economics better than the two opponent concepts in economics： ＂orthodox＂ and ＂heterodox＂ economics. In this article, the reason why neo-classic economics, also called as orthodox economics, has a serious place in economic literature while the opponent＇s economic movements, named heterodox economics, do not defend only one ＂truth＂ and are not as important as orthodox economics will be examined. While doing this examination, Louis Althusser＇s ＂ideology＂ and Antonio Gramsci＇s ＂hegemony＂ will help us as these two concepts are quite instructive in understanding the irreplaceable significance of orthodox economics. As a result, by discussing alternative point of views about economics, positive emphasis of multivocality in economics literature will be revealed. On the other hand, every heterodox economics cannot criticize orthodox economics in the same way. In this study, institutional economics, which is accepted to be part of heterodox economics, will be discussed thoroughly. Institutional economics had a serious attitude against orthodox economics. In this study, generally the points in orthodox economics that institutional economics opposes will be emphasized, and although both economics approaches＇ ideological attitude will be attempted to be discussed generally, it will become easy to discuss the reason why heterodox economics developed an opposing ideology against the ideology of orthodox economics.

Analysis of Enterprise Cost Management from the Perspective of Management Economics

In view of economic globalization,China’s economy has entered a stage of normalized development.In the post pandemic era,the costs of raw materials,production,sales,and labor in Chinese enterprises continue to increase,leading to severe competitive pressure among the enterprises.Therefore,it is of great theoretical and practical significance to actively apply the relevant theories of management economics to guide the cost management of Chinese enterprises,improve their economic benefits,and promote healthy and sustainable development.Currently,there are still many problems in terms of cost management in Chinese enterprises.Therefore,it is crucial to address these problems and further improve the effectiveness of cost management.This paper presents an overview of cost management and an analysis of the specific problems and provide corresponding countermeasures,in hopes of to providing a reference for cost management in enterprises and achieve the goal of stable and sustainable development of China’s economy.

Discussion on Collaborative Teaching of Econometrics in the Field of Environmental Economics

To capitalize on the synergies between the Econometrics course and the Environmental Economics major,this paper aims to enhance students’ability to conduct empirical analysis and practical application using econometric models.It also seeks to promote collaborative teaching through case studies and model research.The primary focus is on the hot research issues within the field of environmental economics,utilizing the econometric model as a vehicle for instruction.To achieve this,the paper proposes the development of a comprehensive case library specific to environmental economics.This resource will serve to optimize the case teaching approach,incorporating the use of econometric software,and fostering interactive teaching models between educators and students.By implementing these strategies,the paper outlines a path and mode for collaborative teaching that effectively bridges the gap between econometrics and environmental economics.

The Use and Abuse of Economics in Land Use Decision-Making in South Florida: An Industrial Park & Its Alternatives, 2020-2023

This paper reviews the economic methodology used to justify a proposed 357 hectare (800 acre) Industrial Park that would breach the Urban Development Boundary (UDB) in Miami-Dade County, Florida, a boundary that had been established to constrain urban sprawl and protect the surrounding wetlands and farmlands. We will examine the socio-economic setting of the region, the ownership of the farmland parcels designated to become industrial sites, and the misuse of the promoters’ narrow economic analysis. Then we shall explain and compute correctly the likely job creation based on the author’s own survey of recently constructed industrial plants similar to those proposed for this site. Rather than an industrial park, we offer instead a newly-designed multi-purpose Recreational–Ecological–Agricultural Park (REAP) & Nature Preserve which would maintain the integrity of the rural landscape, connect the densely-populated neighborhoods to the mangrove shoreline, and open nature’s treasure chest to urban Miami and the wider public.

How signaling and search costs affect information asymmetry in P2P lending:the economics of big data

In the past decade,online Peer-to-Peer(P2P)lending platforms have transformed the lending industry,which has been historically dominated by commercial banks.Information technology breakthroughs such as big data-based financial technologies(Fintech)have been identified as important disruptive driving forces for this paradigm shift.In this paper,we take an information economics perspective to investigate how big data affects the transformation of the lending industry.By identifying how signaling and search costs are reduced by big data analytics for credit risk management of P2P lending,we discuss how information asymmetry is reduced in the big data era.Rooted in the lending business,we propose a theory on the economics of big data and outline a number of research opportunities and challenging issues.

浅析《Public Economics》双语教学中的主要问题及对策

《Public Economics》作为研究公共部门经济的科学,是经济类学生,尤其是财政学专业学生所必修的一门双语课程。自2002年开始教授这门课程以来,在近十年的教学实践中,笔者发现有一些共性问题一直存在,在很大程度上成为了困扰、甚至妨碍该门双语教学课程课堂教学质量和总体效果的主要因素。本文在对这些问题进行阐释的基础上,提出若干应对之策,希与各位同仁交流和商榷。

Economics of Language behind Catchwords

The integration of linguistics and economics, economics of language, is a new peripheral subject based on theory of west ern human capital and educational economics. Catchwords which reflect many theories of economics of language enter into people's scope of research. Study of catchword is of great significance for the enrichment of research of human language.

“Introduction to Economics”留学生英文授课精品课程建设实践与探索

随着中国"一带一路"倡议的推进和高等教育国际化的发展,高职层次商科留学生人数迅速增加,相应的英文授课课程建设迅速涌现。本文对江苏高校留学生精品课程"Introduction to Economics"的课程定位、课程内容设置、教学资源建设、教学方法使用、考核评价方式等建设过程进行了总结,并提出了进一步强化建设效果的设想,为高职商科全英文授课课程建设提供参考。

Islamic economics versus market economics： The concept of taxations

Taxation plays a major role in both market economics and Islamic economics. The difference is that in market economics, the tax system has evolved throughout the centuries in order to address the constant change in market-based societies. In Islamic economics, however, the tax system bases on the writings of the Qur＇an and the principles of shariah. As a result, it did not flourish as the needs of Islamic society changed. Therefore, governments in Islamic countries that seek to follow Islamic law are facing major economic challenges. Recently, some Islamic scholars have asserted that Islamic governments can go beyond the explicit instructions of the Qur＇an and impose taxes as needed. They justify their arguments based on the interpretation of Qur＇anic verses. This paper briefly compares both rationality and the methods of taxation in both market economics and Islamic economics, and further elaborates on the shortcomings of the original Islamic tax laws.

Potential Economic Pitfalls Call for Removal of Institutional Drawbacks——An Interview with Mr. FAN Gang (樊纲), Ph.D. of Economics, Doctoral Advisor, Director of National Research Institute of Economics

The continuous rise of consumer price index (CPI) has increased concern over China's macroeconomic situation. Will inflation have a disastrous impact on the Chinese economy? What risks are brewing behind the booming real estate and stock markets? Have bubbles already occurred in the Chinese economy? From his office in Guohong Building, Beijing, Dr. Fan Gang gave his views on these questions in an exclusive interview with China Economist.

The outline on Ecological Marxism Economics

Ecological Marxism Economics is a new economics formation of Marxism. The article, for the first time, putsforward the scientific proposition of establishing Ecological Marxism Economics with distinct Chinese characteristics,and has primarily discussed its theoretic frame and basic contents. Realizing the historic task is the historic mission ofcontemporary Chinese Marxism economists.

On College English Reform from the Perspective of Language Economics

From the perspective of Language Economics,language education(including second language or foreign language education)is an economically valuable investment that has the function of promoting social development.However,there is an imbalance in the input and output of China’s college English education.From the perspective of language economics,this article focuses on the reform of College English courses in order to improve the efficiency of English teaching in common universities.

MATHEMATICAL ECONOMICS——AN INTERSCIENCE CROSSBREED OF MATHEMATICS & ECONOMICS

Mathematical economics is a newly emerging research field resulting from the academic crossbreeding of mathematics and economics. It is a brainchild emerging from the marriage between natural sciences and social sciences. This article gives a detailed exposition of the discipline’s history, its integration with our country’s socialist market economy and its modem development. The article ultimately explains its application to the comprehensive reclamation of the salinity-plagued agriculture on the Huanghuaihai Plain.

《Forest Policy and Economics》刊发中国林业经济论文追溯分析

以国际权威期刊《Forest Policy and Economics》为例,选取其2007—2017年刊发的与中国林业经济问题相关的文献,从国际视角对中国林业经济问题进行梳理与总结。基于统计分析,刊发的文献总体呈现数量波动增长、内容多样化、合作形式国际化,研究区域具体化,定量分析为主等特点。从林产品贸易、森林资源经营管理、森林转型等主题展开对中国林业经济研究的论述,以期为我国相关学者全面把握中国林业经济前沿研究进展和发展趋势提供参考与借鉴。

Human Capital Structure and Economic Growth:From the Perspective of New Structural Economics

The Chinese economy has achieved remarkable development over the past 40 years of reform and opening-up.However,with the narrowing of potential for efficiency improvement from resources reallocation and changes in population age structure,the Chinese economy has moved from high-speed growth to high-quality development.In this setting,understanding factor endowment and comparative advantages of the economy from a perspective of human capital structure so as to enhance industrial structure adaptability by riding the trend is of significance for cultivating new driving force for economic development.This paper,following a theoretical paradigm of new structural economics,demonstrates how human capital structure matches industrial structure and the presence of optimal human capital structure using mathematical deduction.On this basis,national level panel data and instrumental variables are adopted for generalized method of moments,the results of which shows that there are varied impacts on economic growth in light of different human capital structure characteristics.The proportions of high-level human capital and medium-level human capital boost economic development,while that of low-level human capital has an inhibitory effect on economic growth.The policy implication of this study is that large economies should diversify efforts as per different human capital structure characteristics in terms of development need of tapping growth impetus from human capital structure improvement.It is of equal importance to raise the proportion of high and medium human capital in order to stimulate economic growth and to cut the proportion of low human capital that hinders economic development.