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math
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the future of tomorrow
Trent Rodriguez
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What are people who study economics called?
economists
Economists do not study retail stores or households?
false
Why do economists study savings rates?
because they need it for buildings and new schools and hospitals
What do theoretical economists study?
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.
Why do economists regard imperfect competiton as undesirable?
Economists regard imperfect competition as undesirable because it does not have the efficiency they would need to study an economy. An imperfect competition has large companies that dominate the economy and thus creating an imbalance.
What are people who study economics called?
economists
Economists do not try to?
study the process of the human mind
Economists do not study retail stores or households?
false
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 do theoretical economists study?
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.
Which scientist would study financial systems?
Economists are scientist that study financial systems. They look at different monetary policies to determine the best course of action as well.
How do economist use math?
Economists use math to calculate statistics in sales and business profits. Economists also use math to predict trends in supply and demand.
Why do economists regard imperfect competiton as undesirable?
Economists regard imperfect competition as undesirable because it does not have the efficiency they would need to study an economy. An imperfect competition has large companies that dominate the economy and thus creating an imbalance.
Can economists be objective?
Of course - economist are split on a variety of subjects. classical vs. kenysian, income vs. expenditure - these are all opposite approaches that different economists take towards different explinations and theories involving economic study and analysis.
