ECON 248 2.3 Why Economists Disagree

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4 Terms

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One of the basic reasons why economists disagree is about the () of theories on how the world works.

Validity

2
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A basic reason why an economist may disagree is that economists may have differing (), aka normative values about how the world should be.

Values

3
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A reason why disagreements may occur between economists is that there are differing () regarding several alternate theories and policies.

Scientific Judgements

4
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A reason why economists disagree is because of the major difference between the () of a policy and the () of them being implemented.

Perception, Reality