Economic Analysis

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Economic Analysis

The application of data to a theory of how people produce, trade, and use goods and services. One may use both qualitative and quantitative tools in economic analysis. For example, given a theory of what causes unemployment, an economic analyst may take the data in an attempt to find its true causes and compare them to the original theory. However, economic analysis may be colored by the analyst's preconceived notions, to the point in which some data is over- or underemphasized to prove one's point. On the other hand, economic analysis is vital to find the truth (or its closest approximations) about what makes an economy work.
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References in periodicals archive ?
The initial version of the Economic Analyses Tool applied to freeways and was expanded in March 2018 to include all facility types covered by Part C of the Highway Safety Manual.
(24) A Mercatus Center study found that the SEC's economic analyses compared unfavorably with executive branch agencies' analysis.
An international panel of experts was convened to examine the challenges faced in conducting economic analyses of Complementary, Alternative and Integrative Medicine (CAIM).
S.'s clear presentation of four core elements in the breakthrough aids in understanding the ongoing presentation of contextual material and sharpens the argument that the move was to a properly scientific economics not achieved by other economic analyses. Chapter 6 adds Lonergan's development of the breakthrough beyond production and into the realm of money and the exchange economy, in which S.
To assess the proposed compacts' likely impact, MCC performs economic analyses estimating the compacts' economic rate of return (ERR) and effects on income and poverty as well as the number of compact beneficiaries.
He is particularly adept at performing economic analyses of real estate transactions.
It does not replace, but enhances, the important step of publishing the proposed rule and accompanying economic analyses for public comment.
Additionally, most economists would argue that the discount rate appropriate for public sector economic analyses should reflect the social cost of capital concept and not the Treasury's borrowing rate.
Cost accounting of libraries is part of the financial management of libraries and provides a cost basis for economic analyses, such as the relationship between average cost and marginal cost.
Are EPA officials up to the challenge of meeting industry objections to the cost of proposed rules with economic analyses that persuasively document the benefits of regulation?
Barstow also considers witch-hunts as part of economic history, helpfully juxtaposing scholarship on women and work with economic analyses of witchcraft.

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