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CHAPTER 3 Thinking Like an Economist Questions Is economics a science? What do economists mean by a model? Why do economists use mathematical models so much? What patterns and habits of thought must you learn to successfully think like an economist? Economics is a social science focuses on human beings and how they behave debates within economics last longer than those in natural sciences less likely to end in consensus economists are unable to undertake large-scale experiments the subjects studied by economists--people-- have minds of their own expectations of the future play an important rol
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