I am currently taking a class in linear algebra at university as an additional elective. The course is generic and followed by students from various disciplines so it is not focused on economics.
We covered the topics of binary vectors and modular arithmetic and our teacher said that these topics will not be a large part of a test and maybe none so I am considering just ignoring them. But, at the same time, I do not want to ignore topics that might later be important when I enter grad school.
Could someone please let me know if binary vectors and modular arithmetic play any significant role in economic studies?