answersLogoWhite

0

Theoretical economists, employing mathematical models, develop theories to examine major economic phenomena, such as the causes of business cycles or inflation or the effects of unemployment, energy prices, or tax laws.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What are people who study economics called?

economists


Why is elasticity of demand a fine theoretical concept of economists but difficult for marketers to use in practice?

it is what elasticity of demand


Economists do not try to?

study the process of the human mind


Economists do not study retail stores or households?

false


What economists study?

math money the future of tomorrow


When was Center for Advanced Study in Theoretical Linguistics created?

Center for Advanced Study in Theoretical Linguistics was created in 2002.


Why Economists always talking about money and wealth?

Because that's what the study of economics is.


True or false Economists study the processes of the human mind?

False - economists are concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society


Which social scientist would most likely study the artifacts from these ruins?

Archaeologist


Why do economists study savings rates?

because they need it for buildings and new schools and hospitals


What does theoretical implications of study mean?

The theoretical implications of a study refer to the broader insights or contributions that the research makes to existing theories or understanding in a particular field. It involves examining how the study's findings influence or shape our knowledge and concepts within that area of study.


What is a theoretical background in research study?

A theoretical background in a research study provides the framework and foundation for understanding the research problem and formulating hypotheses. It helps situate the study within existing knowledge and theories in the field, guiding the research design and data analysis. Theoretical background also helps to establish the significance and relevance of the study within the broader academic context.