Economics like science in every single aspect as it uses computations and statistics in providing solutions to the economy. This is actually one of the branches of 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.
economics is a social science
Economics is a science.
economics is a science of scarcity
Yes, economics can be considered a 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.
economics is a social science
economics is a science of scarcity
how does economics evolve as a science?
Economics is a science.
Yes, economics can be considered a science.
true
Economics is a social science because it is a field of study dealing with society and human behavior.
Economics is considered an empirical science because it is a science based on observations of experiences.It has to do with people. People change. So that makes economics an empirical study. It's not like maths (1+1= 2 principle doesn't make sense in economics).
Economics does not describe a state of nature, therefore it is not a natural science.
Economics is considered an empirical science because it is a science based on observations of experiences.It has to do with people. People change. So that makes economics an empirical study. It's not like maths (1+1= 2 principle doesn't make sense in economics).
Economics is a social science.