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1. Explain what is meant by 'as if method' of Friedman. Illustrate your answer with an example. [25 marks] 2. What are t
Posted: Thu Apr 28, 2022 11:32 am
by answerhappygod
- 1 Explain What Is Meant By As If Method Of Friedman Illustrate Your Answer With An Example 25 Marks 2 What Are T 1 (32.79 KiB) Viewed 35 times
1. Explain what is meant by 'as if method' of Friedman. Illustrate your answer with an example. [25 marks] 2. What are the main differences between 'social science' and 'hard science'. Illustrate your answer by taking examples from economics. [25 marks] 3. Describe and explain the main behavioural implications of agents endowed of 'rational Preferences'. [25 marks]