Who are some prominent US economists?
please help me.. :((
please help me.. :((
Alan Greenspan, Ben S. Bernanke, Paul Voelcker
Recent surveys show that obama is heavily favored by economists, although most economists are democrats so there might be some bias there. If you look at economists that are outside the beltway area they were heavily in favor of McCain. The media had such a bias toward Obama that they would ask and report only the people inside the beltway and they would be going for Obama. This had nothing to do with his economic…
It depends on where the economist works. In the financial industry and in large corporations, economists are hired to help other employees understand changes in the economy, especially monetary policy changes at the US Federal Reserve. At small colleges, economists are hired to teach economics. At large universities, economists will have research responsibilities in addition to their teaching responsibilities if they want to become full professors.
There are several types of economists. A major distinction is typically between macroeconomists - economists focused on the economic performance of an entire country, and microeconomists - economists which focus in greater detail on the market for certain goods or services. In addition, several other branches of the subject such as behavioural economics (combining psychology with economics) exist and have economists specialising in these fields.
Prominent = outstanding, distinctive, set above the rest eg Winston Churchill was a prominent politician who led Great Britain to victory (with help from Russia, US, Canada, France, etc) in WWII Standing out, or projecting, beyond the line surface of something; jutting; protuberant; in high relief; as, a prominent figure on a vase.
How do economists account for the unpredictability of people when they make theories about people's behavior?
Economists often give conflicting advice to policy makers for two basic reasons: 1) economists may disagree about the validity of alternative positive theories about how the world works and/or 2) economists may have different values and therefore different normative views about what policy should try to accomplish