THE ECONOMIST AS A SCIENTISTThe economic way of thinking . . .Involves thinking analytically and objectively.Makes use of the scientific method. Uses to help explain how a complex, real world operates.Develops , collects and analyzes data to evaluate the theories.
•Economists make in order to make the world easier to understand.•The art in scientific thinking is deciding which to make.•Economists use different to answer different questions.The Role of Assumptions
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