EconomicQuestionsandData.pptVIP

Economic Questions and Data Economic Questions Economics suggests important relationships, often with policy implications, but virtually never suggests quantitative magnitudes of causal effects. Examples of economic questions. Does reducing class size improve elementary school education? Is there racial discrimination in the market for home loans? How much do cigarette taxes reduce smoking? What will the rate of inflation be next year? Q1: Reducing Class Size (Pros) With fewer students in the classroom, each student gets more of the teacher’s attention, fewer class disruptions, and learning i