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freckles freckles
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A year ago
The scientific approach to economic inquiry involves

▸ testing the predictions with empirical data.

▸ testing the reality of the assumptions of the model.

▸ using only independent variables.

▸ using only endogenous variables in economic models.

▸ choosing data that will support the predictions.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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Gimor1220Gimor1220
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A year ago
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freckles Author
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A year ago
Smart ... Thanks!
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Thanks
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Brilliant
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