Analysis Tools in Economics – Analysis according to the Big Indonesian Dictionary is an investigation of an event (writing, deed, etc.) to find out the actual situation (cause, situation, and so on).

In linguistics, analysis or analysis is the study of language to examine in depth the structure of language. While laboratory activities, the word analysis or analysis can also mean activities carried out in the laboratory to examine substances in samples. However, in its development, the use of word analysis or academic analysis is in the spotlight, especially among linguists. The use of which must be analysis. This is because word analysis is a loanword from a foreign language (English) is analysis.

Analysis Tools in Economics
Analysis Tools in Economics

Analysis Tools in Economics

Graphs and curves are the main analytical tools in theory economy. In advanced theory, mathematics and mathematical equations play a very important role. In addition, statistics are analytical tools to gather facts and test the truth of economic theory.

Curves (Graphs) are often also referred to as diagrams, charts, mauoun charts. Basically, graphs function to provide explanations to graph readers or people who need data. The graph itself can make it easier for readers to know and read the data without using long-winded words because the graph presents data in the form of numbers in a worksheet in the form of graphic visualization.

Types of Economic Analysis

1. Descriptive Economics

This science is an economic analysis describing the actual situation in the economy (such as the condition of farmers in Central Java which is classified as descriptive economics.

2. Economic Theory

A view that describes the nature of the relationship that exists in economic activity and predictions about events that will occur when a situation that affects them changes.

3. Applied Economics

This field is also known as economic policy theory, which is a branch of economics that examines the policies that need to be implemented to overcome economic problems. One of the roles of economic theory is to function as a basis for formulating economic policies.

The goals achieved are:

  1. Achieving rapid economic growth.
  2. Creating price stability.
  3. Realizing an even distribution of income.

Reference :

  1. Sadono Sukirno, Introduction to Microeconomic Theory, Third Edition, Raja grafindo Persada,
  2. Hardwick, Philip, Khan, Bahadur, and Langmead, John. 1999. An Introduction to Modern Economics. Prentice Hall.
  3. Imam Asngari, 2004. Introduction to Macroeconomics, Forum Heds-FE Unsri, Inderalaya.
  4. http://myilmu Lintas