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Economics will tell you what kind of industries make money for the people of an area and the area as a whole.

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Q: How is economics as a social science relevant to the society?
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Related questions

Is economics a science an art or social science explain?

Economics is a social science because it is a field of study dealing with society and human behavior.


Why is economics considered social science?

Economics is a social science because it is the study of human behavior when it comes to money and how it is made and spent. Economics play a large part of all humans personal and professional lives. The gross domestic product is licked to both social science and economics. Unlike natural science, social science is used to understand society. Economics is a large part of society and how people behave.


Is economics a social science or human science?

economics is a social science


Is economics is classified as a social science?

true


Why does the economics is social science?

economics is a science of scarcity


Economics is a sciene that analyzes what?

economics is the social science that deals with how the society allocates its scarce resources among its unlimited wants and needs


How is economics related to other social science - site examples?

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What is economics a social or political science?

Economics is not political science. However, the fields can have some overlap like political economy. Lastly, economics and political science are both a social science.


What kind of a subject is economics?

Economics is a social science.


What are social studies?

In education, social studies include history, political science, economics, sociology and other disciplines related to human society.


What is the difference between social science and sociology?

Social science is a broader field that includes disciplines such as sociology, psychology, anthropology, economics, and political science. Sociology is a specific branch of social science that focuses on the study of society, social relationships, and human behavior within social contexts.


What kind of science is economic?

Economics is a social science.