Economics
have two roles.
1- scientific
2- policy advice
1-scientific - They are provide the develop and test theorist explained the world them.
2- police advice - They are provide the theories explain the world around them.
Supply and demand are using various types of government policies. Considering policies are directly control the price. For example, rent control laws dictate a maximum rent that landlords may change tenants. Minimum wage laws dictate the lowest wage that firms may pay workers.
1- scientific
2- policy advice
1-scientific - They are provide the develop and test theorist explained the world them.
2- police advice - They are provide the theories explain the world around them.
Supply and demand are using various types of government policies. Considering policies are directly control the price. For example, rent control laws dictate a maximum rent that landlords may change tenants. Minimum wage laws dictate the lowest wage that firms may pay workers.
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