THE POTENTIAL FOR ECONOMICS RESEARCH

Clark Edwards

Journal of Agricultural Economics Research, 1978, vol. 30, issue 4, 7

Abstract: Realizing the potential for economics research depends on the successful completion of several interdependent tasks: • A problem is identified, • Data related to the problem are collected, • Description transforms data into useful information, • Theory is brought to bear so that the problem can be understood and analyzed, • Explanation involves interaction between data and theory in order to make clear that which needs to be understood, • Prescription points to actions which can alter the course of events and deal with the problem.

Keywords: Agricultural and Food Policy; Production Economics; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersja:148390

DOI: 10.22004/ag.econ.148390

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