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the relevance of logic to economics is fairly negligible and only applies so far. For example the word value is extremely subjective and merely represents how much someone is willing to pay for something not an absolute value which is why banks asses loans on 50% of what your putting up
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What is the relevance of microeconomics in economics analysis?
is the branch of economics that study the economic behaviour of small individual decision making unit in an economy.
Managerial Economics as a specialized branch of Economics?
Provide logic and methodology to find solutions to business problems
What is the relevance of studying logic as an economics student?
I would say not much. Economics are based on human decisions. And humans are inherently irrational beings. I remember of an experiment conducted, where a cat competed against economologists in choosing stocks portfolio for investing. The cat simply pressed the mouse of the computer randomly. At the end, the cat defeated the experts!
Which is easier sociology or economics?
In my opinion, sociology, since it involves less mathematics, statistics, and formal logic theory.
What are the relevance and limitations of economics to the third world countries?
everything u saw is my identity since i do not understand ur question. that is why i was changing my user name anyhow. bear withme
What is the relevance of logic in civil engineering?
The use of logic in civil engineering
Why is micro economics used in business decision making?
economics relevance to business organisation
What are the relevance of political science to statistics and logic?
The relevance of political science to statistics and logic is that it helps politicians use the statistics collected to think logically about what their subjects need.
What is the relevance of microeconomics in economics analysis?
is the branch of economics that study the economic behaviour of small individual decision making unit in an economy.
Managerial Economics as a specialized branch of Economics?
Provide logic and methodology to find solutions to business problems
What is the relevance of studying logic as an economics student?
I would say not much. Economics are based on human decisions. And humans are inherently irrational beings. I remember of an experiment conducted, where a cat competed against economologists in choosing stocks portfolio for investing. The cat simply pressed the mouse of the computer randomly. At the end, the cat defeated the experts!
What does an economic anthropologist?
Economic anthropologists are studying economics, with an emphasis on human economic behavior. It relates to its human, historic , geographic and cultural relevance.
Which is easier sociology or economics?
In my opinion, sociology, since it involves less mathematics, statistics, and formal logic theory.
What are Relevance of economics as criminology student?
The types of crimes and offenses that are likely to be found or committed in, among, and by, some economic demographic groups as opposed to others.
What has the author Jan Dejnozka written?
Jan Dejnozka has written: 'Bertrand Russell on modality and logical relevance' -- subject(s): Logic, Modern, Modern Logic 'The ontology of the anayltic tradition and its origins' -- subject(s): Ontology, Analysis (Philosophy)
What has the author RobertM Fisher written?
RobertM Fisher has written: 'The logic of economic discovery' -- subject(s): Methodology, Economics
What is the relevance of logic for electrical engineering?
Logic is reasoning. It is a thought process that seeks to arrive at a rational and sensible end, as opposed to an emotional one. It is a way to solve problems and arrive at solutions that will work in a particular situation. That is part of what electrical engineers do.
