Explore the differences between economic model, economic theory, and economic policy. How would you explain this to a friend who has no clue what the differences are. Compare and contrast.
Be thorough and provide additional research citing real-world examples.
Use the Virtual Library to find additional resources and cite your sources.
Your writing assignment should be no more than 350 words and submitted to the Dropbox, as a Word or rich text document in APA style, 12 point font, Times New Roman or Arial.