applied economics


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Applied Economics

The study of observing how economic theory works in practice. Applied economics may be practiced at the macroeconomic or microeconomic levels. For example, one may conduct a study examining the performance of a government regulation in a national economy. This would involve gathering data from real businesses and/or individuals, as opposed to constructing a model on how such regulation should work. The term originated in the early 20th century.

applied economics

the application of economic analysis to real world economic situations. Applied economics seeks to employ the predictions emanating from ECONOMIC THEORY in offering advice on the formulation of ECONOMIC POLICY. See ECONOMIC MODELS, HYPOTHESIS, HYPOTHESIS TESTING.
References in periodicals archive ?
Colander's six rules (1994) are an attempt to establish some guidelines for building applied economics models.
5% Make the Top 10 3 Win the championship 7-8 Source: "The Impact of College Sports Success on the Quantity and Quality of Student Applications," Department of Agricultural and Applied Economics, Virginia Tech
The answer, as revealed through the cogent reasoning and articulate narrative of Applied Economics, is that they are examples of what Sowell calls "stage one thinking.
NIST's Office of Applied Economics has partnered with the GSA Public Building Service's Environmental Strategies and Safety Division to promote construction waste recycling.
DAVID Sapsford, Professor of Applied Economics at Liverpool University's Management School will talk on `The terms of Trade: Glass Ceilings and other Hazards' for the Liverpool Economic and Statistical Society on October 21.
Developer: National Institute of Standards and Technology's Office of Applied Economics and the U.
Post-deregulation research in the airline industry has focused on mergers, concentration, market power [Hergott, Review of Industrial Organization, 1997; Kim and Singal, American Economic Review, 1993; Liu and Lynk, Applied Economics, 1999], price competition [Borenstein and Netz, International Journal of Industrial Organization, 1999; Hayes and Ross, Review of Industrial Organization, 1998], fleet composition [Adrangi et al.
Centre for Research in applied Economics, Algiers, Algeria
Phil, 39, is a full-time student of applied economics at Dundee's University of Abertay, and Joanna is a midwife.
The second is that this little exercise in applied economics can take place in isolation from the economic storms that are buffeting the region.
Titles include American Demographics, Applied Economics, Brandweek, Business Week, Economist, High Technology Business, Journal of Consumer Marketing, and Management Today, among others.
Designed for upper-level undergraduates and Masters-level graduate students majoring in economics, agricultural economics, environmental and resource economics, applied economics, and applied operations research.
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