ECO 372 Week 1 participation Principles of Macroeconomics, Ch. 2: Thinking Like an Economist

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ECO 372 Week 1 participation Principles of Macroeconomics, Ch. 2: Thinking Like an Economist
ECO 372 Week 1 participation Principles of Macroeconomics, Ch. 2: Thinking Like an Economist
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ECO 372 Week 1 participation Principles of Macroeconomics, Ch. 2: Thinking Like an Economist

Consider the following as you read:

  1. Consider why economists make assumptions.

  2. Consider if an economic model describe reality exactly.

  3. Consider the difference between a positive and a normative statement.

  4. Consider why economists sometimes offer conflicting advice to policymakers