Economics is the study of resources May 12, 2021, 12:21 PM IST Abhishek Sikdar graduated in Economics from St Xavier's College under Calcutta University and post-graduation from Delhi School of Economics. He has worked in several leading business newspapers. During his service career, he had written numerous reports, conducted meetings with global economic consultants and international fund managers and imparted training programs to Sales Teams. LESS... MORE Resources use in the best possible manner can be done with dynamic differentiation, a difficult mathematical analysis. Inputs in any production process are resource utilization and optimal use can be determined by a similar Optimal Control method. Opening and closing stocks and rates of exploitation need to be considered in the numerical.