To say that economists use the scientific method means that they are using ___________.

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06-09-2022
Business

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To say that economists use the scientific method means that they are using ___________.

Sagot :

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-09-09T19:16:52-04:00

To say that economists use the scientific method means that they are using a continual effort to construct models of the world, which are subsequently put through their paces in terms of testing and evaluation.

This is further explained below.

What are economists?

Generally, Collecting and analyzing data, conducting research on trends, and assessing economic concerns are the primary methods used by economists in their study of the production and distribution of resources, products, and services.

There are three primary categories of economists, including academic economists, economists working in the public sector, and economists working in the commercial sector.

In conclusion, When we say that economists apply the scientific method, we imply that they make an ongoing effort to develop models of the world, which are then subjected to rigorous scrutiny in the form of testing and analysis.

Sagot :

What are economists?

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