- Applied Economics
The application of economic theories and principles to real world situations with the desired aim of predicting potential outcomes. The use of applied economics is designed to analytically review potential outcomes without the "noise" associated with explanations that are not backed by numbers. Applied economics can involve the use of econometrics and case studies.
Because economics relies on the interpretation of historical events in its theories, applied economics can lead to "to do" lists for steps that can be taken to ensure stability in real world events. Although applied economics uses economic theory and principles, it is itself not a field of economics, such as neoclassical economics or the Austrian school.
Investment dictionary. Academic. 2012.
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Charles H. Dyson School of Applied Economics and Management — Established 1909 Location Ithaca, New York … Wikipedia
Cornell University Department of Applied Economics and Management — The Cornell University Department of Applied Economics and Management (AEM) is a department within the New York State College of Agriculture and Life Sciences focusing on applied economics and business. Prior to 2002, the department was named… … Wikipedia
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