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Theme 1 > 1.1.1 Economics as a Social Science > Flashcards

1.1.1 Economics as a Social Science Flashcards

1
Q

What is meant by a model?

A

A simple representation of reality used to provide insight into economic decisions

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2
Q

What is certeris paribus?

A

Presuming all things are equal

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Theme 1 (22 decks)

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