TESTOL: A Guide for Economics Evaluations

Are you struggling to make evaluations for your economics essays? Evaluating economic scenarios can be challenging, especially when considering various factors like inflation, unemployment, market conditions, and government policies. But fear not, we're here to help!

In this post, we'll introduce you to the TESTOL framework, a handy guideline that can streamline your economic evaluations. TESTOL stands for Type, Elasticity, Size/Extent, Time, Objective/Priority/Expectation, and Limitations. It provides a structured approach to analyzing economic situations and making informed judgments.