All Social Sciences, including economics, involve elements of science (the ability to predict) and elements of non-science. Economics is "scientific" to the extent that it involves elements -- such as the theory of supply and demand -- that predict actual, empirical, events pretty well. But the complexity of human life in society and the difficulty of studying the economy from the inside make it difficult for economists to develop completely predictive theory for all aspects of the economy. Thus, it is common for normative (or ethical) elements to creep into standard economics, as with the faith that "free markets" are the best solution to almost all human problems -- or the contrasting technocratic vision.
economics is a social science
true
economics is a science of scarcity
economics and social science examples
Economics is not political science. However, the fields can have some overlap like political economy. Lastly, economics and political science are both a social science.
economics is a social science
true
economics is a science of scarcity
economics and social science examples
Economics is a social science because it is a field of study dealing with society and human behavior.
Economics is not political science. However, the fields can have some overlap like political economy. Lastly, economics and political science are both a social science.
Economics is a social science.
Economics is a social science.
Economics is a social science and its important our social life,political life economics and daily life.its based on the piler of country..
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.
One social science that can be related to economics is communication and the Internet which are related to economics in the sense that if misused, immense losses will be felt.
true