0
Microeconomics should be considered a science because it has a solid foundation of empirical evidence. Macroeconomics is less precise with weaker empirical evidence. Some people compares macroeconomics to Astrology because experts in both fields sometimes ,but far from always, makes correct predictions of the future.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Can economics be consider a science?
Yes, economics can be considered a science.
Why is economics considered as a science?
Because it follows strict systematic and practical methods
Should economics become a science?
Economics is a science.
What Relationship of economics to natural science?
The relationship of economics to natural science is that natural sciences provide humans and computers data which relates to different areas such as food sources. Economics is not considered a natural science.
Why economics considered as a science?
Reasons for negative economic growth
Can economics be consider a science?
Yes, economics can be considered a science.
Why is economics considered as a science?
Because it follows strict systematic and practical methods
Should economics become a science?
Economics is a science.
What Relationship of economics to natural science?
The relationship of economics to natural science is that natural sciences provide humans and computers data which relates to different areas such as food sources. Economics is not considered a natural science.
Why economics considered as a science?
Reasons for negative economic growth
What science does business fall under?
Business falls under the category of economics. It can be debated, whether economics truly deserves to be considered a science.
Is economics a science or art?
Economics is considered both an art and a science. Major universities allow undergraduate students majoring in Economics to select whether they pursue a "Bachelor of Arts" or a "Bachelor of Science" degree in the field.
Why is economics considered a science?
it follows strict systematic and practical methods
Why is economics considered Science?
because it follows strict systamatic and practical methods
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.
Why economic is an 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).
Is economics a social science or human science?
economics is a social science
