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What does the P stand for in economics 2024?

Amelia Brown | 2023-05-07 14:34:57 | page views：1096
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Mia Roberts

Studied at Stanford University, Lives in Palo Alto, CA
Parsimonious. Stingy. Although in normal language, this has a negative connotation, when applied to a model or an explanation in economics it tends to be positive, meaning that it relies on as simple a structure as possible.
2023-05-08 14:34:57
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Benjamin James

QuesHub.com delivers expert answers and knowledge to you.
Parsimonious. Stingy. Although in normal language, this has a negative connotation, when applied to a model or an explanation in economics it tends to be positive, meaning that it relies on as simple a structure as possible.
International Economics Glossary: P - umich.edu and www-personal
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