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How economics related to physics?

Updated: 8/22/2023
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12y ago

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Some economic activities are much more involved in physics than others. If you wanted to invest in real estate on the moon, for example, you should understand exactly why it is difficult and expensive to travel to the moon, or to do anything on the moon once you get there. Most economic activities have little direct connection to physics. If you are buying and selling pork bellies, you don't have to know about physics.

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12y ago
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12y ago

Not especially closely. However, a lot of people with physics training are finding their skills in demand in the finance sector, because it turns out that some of the mathematical equations that describe physical systems can be used to model economic behavior as well.

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13y ago

Both are complex and hard to figure exactly.

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10y ago

Economics is concerned with efficiency and feasibility and physics can address both those questions.

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