When economists are trying to help improve the world,they are
A)in the realm of positive economics rather than normative economics.
B)in the realm of macroeconomics rather than microeconomics.
C)scientists.
D)policy advisers.

Question

Quizplus · Accepted Answer

Economists who are trying to improve the world are typically policy advisers, as they use economic principles and data to inform and influence government policies and decision-making. They may also engage in normative economics, which involves making value judgments and recommendations based on economic analysis, but this is often connected to their role as policy advisers. While some economists may conduct scientific research, the goal of improving the world typically involves more applied work in the realm of policy and practical solutions. Both macroeconomics and microeconomics may be relevant to these efforts depending on the specific issue or challenge being addressed.

When Economists Are Trying to Help Improve the World,they Are