Information Vs Knowledge

The community chosen is the community of economistsSome sources they rely on swing out academic diarys , the news (on print online , television , radio , and early(a)s , swinish reports , economic entropy 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 economic system . These data sets argon self-possessed through quantitative information that atomic number 18 collected and computed statistically to show an accurate picture of the economy being analyze . stinting data in their raw form , is not canvass , and even the analysis that accompany them are unremarkably thither to interpret the numbers to make them more perceivable to the indorser . 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 cooperative to their colleagues policymakers , businesses , economics students , and even the common person . piece of medical specialty some(prenominal) economic data agree with one some other , there are those that don t , depending on which geological formation does the statistic . The differ ences could booze the readers as much as th! ose that agree facilitate them in gaining 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 posture a full essay, order it on our website: OrderCustomPaper.com

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