Examlex
A specific question that a research study sets out to answer is called the:
Causation
The relationship between cause and effect, where one event (the cause) directly results in another event (the effect).
Normative Analysis
An approach in economics that involves value judgments or opinions about what the economy should be like or what particular policy actions should be recommended.
Macroeconomics
A branch of economics that deals with performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
Microeconomics
The branch of economics that focuses on the actions of individuals and industries, like the dynamics between buyers and sellers, borrowers and lenders.
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