The goal of an economist who formulates new theories is to
A)provide an interesting framework of analysis,whether or not the framework turns out to be of much use in understanding how the world works.
B)provoke stimulating debate in scientific journals.
C)contribute to an understanding of how the world works.
D)demonstrate that economists,like other scientists,can formulate testable theories.

Question

Quizplus · Accepted Answer

The ultimate goal of an economist who formulates new theories is to contribute to an understanding of how the world works. While providing an interesting framework of analysis and provoking stimulating debate in scientific journals are important, they are not the ultimate goal. Demonstrating that economists can formulate testable theories is also important, but it is not the ultimate goal either.

The Goal of an Economist Who Formulates New Theories Is