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Why is the science of economics is concerned with the activity of households?
Wiki User
∙ 13y ago
because everything is related with economics as we know micro economics is related with small things or individual units it concerned with the act of households.
Wiki User
∙ 13y ago
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How do you define economics?
Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management.
How should 'economics' be defined?
Economics is the social science concerned with the production, distribution, and consumption of wealth and the allocation of scarce resources in order to meet apparently unlimited human wants.
Is economics a social science or human science?
economics is a social science
Why does the economics is social science?
economics is a science of scarcity
How does economics evolve as a science?
how does economics evolve as a science?
Should economics become a science?
Economics is a science.
What is the definition of economics?
To manage with economy; to use with prudence; to expend with frugality; as, to economize one's income., To be prudently sparing in expenditure; to be frugal and saving; as, to economize in order to grow rich.
Can economics be consider a science?
Yes, economics can be considered a science.
What is the meaning of social discipline?
Social discipline is defined as a science that is concerned with relationships among societies and individuals. The social sciences include anthropology, psychology, economics, sociology, and political science.
How is economically defined?
Economics is the social science that investigates human activity directed toward the production, distribution, and consumption of goods and services.
Is economics is classified as a social science?
true
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.
