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This is on a review sheet for an upcoming exam. Can't figure this one out.

The creation of Economic Policy was presented as a 3 step process.
a. Please list and explain the 3 steps
b. Please give an example of a well written version of the 3 steps


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Posts: 488 | Location: Houston | Registered: Apr 01, 2009Reply With QuoteEdit or Delete MessageReport This Post
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hmmm... im racking my head but it seems a little vague without knowing the context of particular text you are studying (and that im working on a case write up so my mind is somewhere else), but...

all i can think of is:

(1) set objective
(2) decide/pick tools to achieve objective
(3) measure results versus desired outcome, adjust tools objective accordingly

what Econ class/subject is this for? Global Macro?
 
Posts: 3963 | Location: Southern Calif | Registered: Jul 07, 2003Reply With QuoteEdit or Delete MessageReport This Post
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Cynical perspective:

Step 4)

Revise objective to match results.
 
Posts: 9 | Registered: Apr 29, 2007Reply With QuoteEdit or Delete MessageReport This Post
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5) Cherry pick results to match predetermined conclusion.

Moo


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Posts: 931 | Location: East BF, Egypt | Registered: May 15, 2002Reply With QuoteEdit or Delete MessageReport This Post
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So wait, are you saying that you want us to do your homework for you? Razz


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Posts: 2492 | Location: Vermont | Registered: Sep 10, 2006Reply With QuoteEdit or Delete MessageReport This Post
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