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Leann Raynor

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Relationship of economics with other subject?

Economics, the study of how to locate resources, is related to the social sciences, natural sciences, and humanities. Economics is important in the study of political science, when studying the structure and functions of governments and how they relate to each other. Economics is related to history when studying imperialism, class conflicts, labor, and historic economies.


What are the other sciences that are related to the field of psychology?

Psychology is a human science. It studies why humans behave as they do. Other human sciences include sociology and economics. Sociology studies the behavior of entire societies instead of individuals and economics studies what decisions people take, but does not focus on the "why"-aspect.


What is relationship of political science with other sciences?

Political science deals heavily with all other Social Sciences, especially: criminology, economics, education, government, linguistics, international relations, geography, history, law, and psychology.


What is the relationship of history to other sciences?

relation of history to other sciences


The relationship between social studies and other social sciences?

Social studies is an interdisciplinary field that draws from various social sciences, such as sociology, anthropology, economics, and political science. It integrates knowledge and methods from these disciplines to study human societies and their interactions. Social studies provides a broad, comprehensive understanding of social phenomena by incorporating insights from the different social sciences.


Why is Economics under History instead of Science?

Economics is a social science. It could be organized under science, but we chose to group it with other social sciences instead of with physical sciences. Soon we may set up a Social Sciences or Humanities section.


How would you defend the proposition that economics is a true science?

Economics uses empirical models driven by mathematical tools and statistical data to reach objective, positive conclusions. When economics makes normative conclusions, all normative conclusions are not subjective in morality but use efficiency (as in other applied sciences) as the right outcome. In economics, as opposed to other social sciences, general, well-defined answers can be formulated and experimented on, like the physical sciences.


How the study of economics releated to other sciences?

it is a science subject because it has to do with the study of human behaviour.


Is Economics an isolated science since it has no relation to other sciences?

Economics is strongly linked to finance, and makes use of mathematics and statistics, so I do not see how it can be isolated.


Managerial economics serves as a link between traditional economics and the decision making sciences for business decision making?

Following are the steps helps to managers while taking decisions.. 1.Establish objectives. 2.Define the problem. 3.identify factors that affect the problem. 4.specify alternative solutions. 5.collect data and other informations. 6.Evaluate and screen alternatives. 7.Implement best alternative and monitor result. I think these are the main process in managerial economics.. By -Nsk


What are other sciences economics cannot do without?

Statistics, probability, and mathematics are all important in econometrics, which is a vital part of virtually any academic study in economics. Behavioral economics involves psychology, and cutting-edge research involves neurology and biology as well. Environmental Economics involves environmental science, and other ancillary fields. Computer Sciences are necessary for modeling complex economic situations.


2 major division of social science?

Social science is the field of study concerned with society and human behaviors. some of the social sciences are: anthropology, archaeology, criminology, economics, history, linguistics, political science and international relations, sociology, geography, law, and psychology. Hope this helps.