EC 151 Ch 2 - EC 151 Ch 2 Thinking like an economist The...

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Unformatted text preview: EC 151 Ch: 2 Thinking like an economist The economist as a scientist: The scientific method The role of assumptions Economic models Micro vs. Macro Positive vs. Normative statements Economists in Washington The economist as a policy adviser: Why economists disagree? Difference in scientific judgment Difference in values Perception vs. reality ...
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