Sciences other than economics also design models to explain the behavior of endogenous variables based on assumptions

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Sciences other than economics also design models to explain the behavior of endogenous variables based on assumptions about the environment and changes in exogenous variables. Suppose you have to design a model that links child obesity and diabetes.

a) Which one would be the exogenous variable? Which one would be the endogenous variable?

b) Can you think of other exogenous variables?

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Macroeconomics Policy And Practice

ISBN: 9781137393951

1st Edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 11, 2024 05:00 AM

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Sciences other than economics also design models to explain the behavior of endogenous variables based on assumptions

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Macroeconomics Policy And Practice

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