Name the two methods which investigates and analysis the economic matters and problems.
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In the second section, we will discuss what is economics and what economists do. ... As is well known, the method of research or analysis economists use in ...
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The usual methods of scientific studies — deduction and induction, are available to the economist. Both methods come from science, viz., Logic. The deductive method involves reasoning from a few fundamental propositions, the truth of which is assumed.
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