How economists solve the economic problems they face

Economic problems are solved by means of statistical calculations, by means of forecasts, and by means of incorporating the actual economic situation. Firstly by means of statistical calculations, secondly by means of predictions, and then by means of incorporating the actual economic situation.

First of all, statistical calculations are used to make scientific and rational calculations of the economic problems encountered, so as to solve the problems scientifically.

Secondly, the forecasting method is used to predict the direction of the economy and economic growth, in order to adapt to the development of the economy.

Then there is analyzing and solving economic problems by incorporating actual economic conditions.

Importance of economists:

1. Can solve economic problems.

2, can make promote economic growth.

3, can make the society more harmonious and stable.