Economy MEBIK

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H3. Mandatory tasks for students to complete
Task 1. Conduct quantitative and qualitative research

Select an object of research and conduct:
A) Qualitative analysis of the state of the object
• SWOT analysis
• Methodology for the analysis of the Boston Analytical Group. Cluster analysis.
• Delphi method.
• Historical analysis
B) Quantitative analysis of the state of the object
• Statistical analysis
• Correlation analysis
• Regression analysis
• Comparative analysis of two projects (net present value method)
• Comparative analysis of two projects (variance - accounting for uncertainty and risk)

Task 2. Analysis of economic laws and their statistical and econometric verification:

Write an essay on the economic law of your choice, justifying your agreement or disagreement with it
Essay
Addendum 3. Execution of tests:

Task 3. Execution of tests:
Indicate "Yes" or "No"
1. Can statistical hypothesis testing be conclusive?
2. Relativists consider the development of economic theory from the standpoint of mathematical analysis
3. Economic theory has scientific value due to its logical consistency.
4. Absolutists are convinced that economic science is accompanied by propaganda and ideology.
5. Among economists of all schools and directions there are agreed criteria for confirming or refuting hypotheses
6. The development of economic thought did not occur in a linear fashion.
7. According to Adam Smith, the subject of economics is the study of the causes of the wealth of nations.
8. Karl Marx believed that the subject of economics is the analysis of human behavior under conditions of limited resources.
9. There is disagreement among economists about the need to study the history of economic doctrines.
10. Relativists believe that economists justify class or group interests
11. Any theory has scientific value when a prediction can be made on its basis.
12. The history of economic science is the history of attempts to understand the causes of the wealth of nations, firms, and families
13. Normative judgments can be assessed empirically
14. Adam Smith understood the subject of economics as the study of the laws governing the distribution of what is produced on earth.
15. In the modern interpretation, the subject of economics is understood as the study of the laws of capital movement.
16. Economic development will help solve the problem of limited resources
17. Past economic theories should be evaluated within the framework of the then existing level of economic development, according to absolutists.
18. A theory has scientific value when it can be tested on an experimental and control group.
19. Economists' biases reduce the value of their work to zero.
20. The difficulty of testing economic theories is due to the impossibility of conducting controlled experiments.
21. Positive judgments are always true.
22. When analyzing the history of economic doctrines, one has to use not only relativistic methods, but also the principles of absolutism
23. Economists use models to predict the future
24. Correlation is not causation
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