Information Vs Knowledge

The community chosen is the community of economistsSome sources they rely on broom academic journals , the news (on print online , television , radio , and another(prenominal)s , oafish reports , economic data and financial market analysesOne of the sources that could be interpreted as pure information is the economic data . scotch data sets of data that describe a single scrimping or the international frugality . These data sets argon self-possessed with quantitative information that be collected and computed statistically to roll an accurate picture of the economy being analyze . economic data in their raw form , is not canvas , and even the analysis that accompany them are unremarkably in that respect to interpret the numbers to make them more perceivable to the reviewer . This is information because it is the basis of knowledge that people constitute since they are considered facts from which knowledge can be gained .

Economists use economic data to gather information about the that they are exploring and marry them with other data and past knowledge to form ideas , theories recommendations , etc . that would be steadying to their colleagues policymakers , businesses , economics students , and even the common person . piece of medicinal drug some economic data agree with one some other , there are those that don t , depending on which judicature does the statistic . The differences could booze the readers as much as those that agree suffice them in gainin! g more knowledge about the particular economy they are studyingAmong these , the source that is actually knowledge is the academic journal . academic journals are works by experts...If you want to take hold of a full essay, order it on our website: OrderCustomPaper.com

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