economic prediction

Well, it goes to no-one because there isn't a Nobel Prize for maths. Some have speculated that Alfred Nobel neglected maths because his wife ran off with a mathematician, but the rumour seems to be unfounded. But whatever the reason for its non-appearance in the Nobel list, it's maths that makes the science-based Nobel subjects possible and it usually plays a fundamental role in the some of the laureates' work. Here we'll have a look at two of the prizes awarded this year, in physics and economics.

In the last article of this three-part series, Phil Wilson shows how simple graphs can tell you a lot about the economy — and not only in Slugworld.
  • Want facts and want them fast? Our Maths in a minute series explores key mathematical concepts in just a few words.