Consider how an economic model can be viewed as a simplified description of reality, designed to yield hypotheses about economic behavior that can be tested. In essence, a simulation. Hence, one important element of an economic model is that it is necessarily subjective in design because there are no objective measures of economic outcomes. If different economists make different judgments about what is needed, how can we tell if a model is ‘useful’? What does this tell us about economic behavior?
Week 4 Project Instructions APN Practice Using the South University Library do a search and find at least three (3) research article addressing the
Week 4 Project Instructions APN Practice Using the South University Library do a search and find at least three (3) research article addressing the questions: Describe how APN practice demonstrates cost-effectiveness. Describe how APN practice can influence reduction in errors. Describes how APN practice effects misuse or overuse of services.