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dont know buddy i had this for my homework and i was stuck and i got an 7a and im only in year 7

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Q: How the decisions of the use of water filters were made based on economics and social context texts?
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How do economics study human behavior?

Behavioral economics is the study of the effects of social, emotional, and cognitive factors on the economic decisions of people and companies. It also studies how market decisions are made.


Why is economics considered a social science?

Economics is the study of the mechanisms by which humans allocate resources. As such, it is a study of human behavior. Human behavior is not derived from physical laws (or, sometimes, even rational decisions), so it falls outside the realm of "hard" science.Economics is a social science because it is the study of the distribution of wealth, consumptive patterns, and means of production. Social stratification determine all of these attributes of economics, and thus economics is a social science.


Why is economics a behavioral science?

Economics conceptualizes a world populated by calculating. In traditional economics it ignores all the behaviors studied. However, behavioral economics or behavioral fiance studies the effects of social, cognitive and emotional factors of the economic decisions of others. Therefore, this subcategory would be considered a behavioral science rather than a social science.


Why is economics called a social science?

Economics is considered a social science because it studies the behavior of individuals, organizations, and societies in the allocation of resources. It examines how people make decisions regarding production, consumption, and distribution of goods and services within a social framework. Economics also considers the impact of social factors such as culture, institutions, and norms on economic outcomes.


Is economics a social science or human science?

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Is economics is classified as a social science?

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What are the importances of welfare economics?

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Explain how economics is related to the different discipline of social sciences and natural services in sociology?

Economics is related to social sciences like sociology through its focus on understanding human behavior, social interactions, and societal institutions. In sociology, economics helps analyze how economic factors influence social structures, inequality, and power dynamics. When considering natural services, economics examines how economic activities impact the environment and natural resources, leading to discussions on sustainability, conservation, and resource management within the broader social context.


What is social context?

what is the meaning of social context in English


What kind of a subject is economics?

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Why does the economics is social science?

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