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Economic Theories and Research

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What are two economic theories? How do these theories influence your research? If you were following a different theory, would this change your choice of research method? Explain why or why not.

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Economic theories are explained in a structured manner in this response. The answer includes references used.

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One theory is that of supply and demand and the second theory is the quantity theory of money. These theories influence my research because I would assume the law of demand and supply in my research. In addition, in accordance with the quantity theory of money I would predict that an increase in money supply will lead to an increase in inflation. I will assume in my ...

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Hatim Baxamusa, MBA
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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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