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Explain various Steps of Deductive and Inductive methods. - Economics

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प्रश्न

Explain various Steps of Deductive and Inductive Methods.

थोडक्यात उत्तर

उत्तर

  • Steps of deductive method:
  1. Should have a clear and precise idea of the problem.
  2. Definition of technical terms and assumptions.
  3. Deducing hypothesis.
  4. Verification of hypotheses
  • Steps of inductive method:
  1. Data collection and arrangement.
  2. By observing the data conclusions are drawn easily.
  3. Generalization of data and hypothesis formulation.
  4. Verification of hypothesis.
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Economics: Its Method, Facts, Theories and Laws
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पाठ 1: Introduction to Micro Economics - Model Questions - Part D [पृष्ठ २४]

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सामाचीर कलवी Economics [English] Class 11 TN Board
पाठ 1 Introduction to Micro Economics
Model Questions - Part D | Q 36 | पृष्ठ २४

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Give the meaning of deductive method.


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