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Trent Rodriguez

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3y ago

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Related Questions

What are people who study economics called?

economists


Economists do not study retail stores or households?

false


Economists do not try to?

study the process of the human mind


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.


When economists study the National economy or global economy they are using a?

When economists study the national or global economy, they are using a macroeconomic perspective. This approach focuses on aggregate indicators such as GDP, unemployment rates, inflation, and overall economic growth, rather than individual markets or sectors. By analyzing these broad measures, economists can assess economic performance, identify trends, and formulate policies that aim to improve economic stability and growth.


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.