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 11:33 am
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]