theories is not correct
Details
Economists may offer conflicting advice because there are many schools of economic thought and modelling. Contrary to what many people think, though, economists do often agree on many subjects.
Politicians, and the constituents they claim to represent, often have different policy objectives than economic efficiency. That is, while economists often can and have established models for optimal fiscal policies, their end goals differ from those of politicians, so policy is complicated because groups with different desired outcomes must reach a compromise policy.
supply and demand
The data describing current conditions or characteristics might not be complete or accurate
Details
Economists may offer conflicting advice because there are many schools of economic thought and modelling. Contrary to what many people think, though, economists do often agree on many subjects.
Politicians, and the constituents they claim to represent, often have different policy objectives than economic efficiency. That is, while economists often can and have established models for optimal fiscal policies, their end goals differ from those of politicians, so policy is complicated because groups with different desired outcomes must reach a compromise policy.
Agriculture and plant patent lawyers are involved in economic botany. Often they are connected to chemistry to create fertilizer, and weed / pest killers. Economists also study plants but with detail on the marketing and production of agricultural products.
supply and demand
supply and demand
Supply and demand.
The data describing current conditions or characteristics might not be complete or accurate
Models wash their hair often, depending on the work they do.
Per Capita GDP
Economists often use graphs to analyze the choices and trade-offs that people make. Graphs help us see how one value relates to another value.
Fiscal policy consists of deliberate changes in government spending and tax collections designed to achieve full employment, control inflation, and encourage economic growth. Discretionary ("active") changes in government spending and taxes are at the option of the Federal government while non-discretionary ("automatic") changes occur without congressional action. Discretionary fiscal policy is often initiated on the advice of the President's Council of Economic Advisers (CEA), a group of three economists appointed by the President to provide expertise and assistance on economic matters.