What is a "number"
Numbers are used a lot in economics.
- quantity demanded
- elasticity
- regression coecient
These numbers are important for a reason.
You should be able to explain why your "number" is important.
Economists work to estimate these numbers from data.
Why is it important?
Why do we care?
Where does it come from?
How is it measured?
Who has measured it?
Is there any disagreement or controversy amongst economists?
How is it used?
Why is it important to get it right?
Attachment:- Assignment.rar