You are on page 1of 9
Course 4 - Eenmetnes @ Whet ts zcnurmet nes ? Eemnmuetrics be clefined as He gustav aus sri ooience ee Ho torts ef comnure meg rmaaevaakies , dud ofateheal ference are applied to He a. wf termnuic phennueng, Ca A berger > Eormuetnie Hoaory , Feb Wiley Sous Meus York , 4964, p.4) ® Why a separ olisorpelue 2 | a) Eomomce theory uakes shtimets auel hy poteses tht an wurtly guolitetine ta vahece for Prauph WWicre £cmowl c 4 stetes Het rther Hairs s i Ruoiuing Ha same, a reducton wthe price of a Comumarchty is 2xpected 46 ticrease the guauctity Aewaudil for Hat couwree Ecnummet nes hefps us esfmele numeric €h, hur wach, Hua Cemaud ducreases Uf te price Accreases 6) MoHlamahit zcoics expresses crate thery ia watenak ol forue (equahens ) ut ard to weasan bitty or eupirtel veritea tion he thea, Comet ictus pot He wotleuateal equatinrs proposed bt Hie watlamefal eonumist Cx “Sach a form + they caw be enpiricetly tested. c) Fcmauic statshes is eae coeerted Unite eetlackug, proessrs oud presahiie eoneuic lata page dy the dou ft charts, aud tubes The use uf Hase date for hetony eet. Husory TS Hu crcera eb Hu ecmnucttormas d) The woture of commute Lele - Fenouehis une atl daka Heat ae rated as Hee result | oh on emtrotled axcperivae » suck is Hr case of wolleusheal oPubstes Thee dab, an Likely fo ombain errors of Wwensuramerck Urlidk ¢ to He uccel of spoal Mmeteds of auady SS. ® Melluedcteay rh Aommmetic s Hanes h. Hare On sement sclurts it it ou Conunmetre ametlurcletigy , we Reet here Hy taditmal or chassrcak meHurdetrgy wliich Camcrt ef Hu fellrciig steps : 1 Shimek of Huory or 4 othests 2. Spofeation of Ha wetlumeheal med lef Hac Hr s, ec fitat om rf He tommetiic word of He Hhcory h. Obtaining Hu data 5 Eehwation f Hu parameters Ca eee 6 Hypethes's testing 2. Forecedtiug or predichow 8. Using Ha wll pr cactree or precy popes -3- To Uustrate Hu prece olcy steps, Aét us caster He Weel Kuru Keynesian Hivory of omgvmptinn ; @ Shdewud of Thory or Hypeas "The fundamen peyohrlagiol Lou... is tht wen Cusrmen] as aruke aud om arsage ae Ay fo tucreaSe. Huir ca tre as fair treme woreases but wrt as Much as crease t« Their lucrue* iu sh | ulated a ee ity fo ciroume (MPC), te ef chauge popes” for a it Cagy «oe - 7m deme, &S quater Hiax zero bt Less phan 4. @ Speci fication f te Hetlaneherl aur ef Cosas fF palharal ch acasuact raiglt sugaet Hu feblrwry form of Mm Keepuetian om sumphee fucken! Ye By + PX OLB, CA 4) “ETc Br weasuces MPC Genmehica SY ag.d is as sheury, Fy 4.

You might also like