Economics A-Level
Empirical data
What Empirical data means in Economics A-Level, as defined for AQA.
Definition of Empirical data
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Reference: AQA
Data gathered to test theories, which economists use when forming hypotheses under the scientific method.
Topics that use Empirical data
- Economic methodology (AQA A-Level)
Related terms
- Ceteris paribus
- Economic modelling
- Normative economics
- Normative statement
- Policy trade-offs
- Positive consequences
- Positive statement
- Scarcity and choice
Using Empirical data in the exam
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