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From course:

Economics A Level

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Question:

How may Economics be similar to that of Natural Sciences?

Author: go kys



Answer:

-Economics makes Theories to explain Events -Limit the Variables in an Investigation [Ceteris Paribus] -Test Theories and Models against Facts -Using Graphs, Statistics and Observations -Using Empirical [Data via Experiments or Observations] to improve Economic Models -Make Predictions


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go kys
go kys