0
Economics is a Social Science, It studies the production, distribution, and consumption of good ans services.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What is economics a science and an art?
Economics is both science and art. As a science it works on economic models. As art, it deals with individuals so their is change in human behavior. The interpretation of models may vary.
Is economics a science or art?
Economics is considered both an art and a science. Major universities allow undergraduate students majoring in Economics to select whether they pursue a "Bachelor of Arts" or a "Bachelor of Science" degree in the field.
What is is the relationship of arts and economics?
Economics is both science and an art. It is a science because there exist lots of principles, laws and fundaments in economics. Statistics as part of economics also involves lots of theorems and principals. It is the art of implementation of these principles through which we could solve and analyze many economic and commercial problems
Is economics science or art?
It is a social science and also an art subject.
What is the definition of economics by J.H Davenport?
He defined economics as the science that treats phenomena from the standpoint of price
What is economics a science and an art?
Economics is both science and art. As a science it works on economic models. As art, it deals with individuals so their is change in human behavior. The interpretation of models may vary.
Is economics a science or art?
Economics is considered both an art and a science. Major universities allow undergraduate students majoring in Economics to select whether they pursue a "Bachelor of Arts" or a "Bachelor of Science" degree in the field.
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.
What is is the relationship of arts and economics?
Economics is both science and an art. It is a science because there exist lots of principles, laws and fundaments in economics. Statistics as part of economics also involves lots of theorems and principals. It is the art of implementation of these principles through which we could solve and analyze many economic and commercial problems
Is economics science or art?
It is a social science and also an art subject.
IsEconomics is a science or arts?
economics can be proved to be a part of science and art in many ways.
What is the definition of economics by J.H Davenport?
He defined economics as the science that treats phenomena from the standpoint of price
Behavioral science is regarded both as an art and science explain?
i think its both an art and a science
What is economics a social or political science?
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.
How is political science both an art and science?
Political science is considered both an art and a science because it combines empirical research methods and data analysis (science) with interpretation, analysis, and judgment of political behavior and institutions (art). It involves the systematic study of political systems, government policies, and political processes using both quantitative and qualitative methodologies.
Is economics an art or science?
Economics Is About SCience.. Because Science is how you make stuff.. But Art Is What you draw... so Its basically ScienceI learned economics From my parentsSo Ex..the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind.so its basically about money Hope you Learned by the way im in 7th grade and im 13 it may be, but just don't judge me by age OKay see you later..More like science. It really has nothing to do with art.a science. facts, figures, predictions. scienceEconomics is considered both an art and a science. Major universities allow undergraduate students majoring in Economics to select whether they pursue a "Bachelor of Arts" or a "Bachelor of Science" degree in the field.
Why is eonomics is an art and science?
The claim that economics is both an art and a science means that while there is enough real knowledge involved in economics to qualify it as a science, there is also not really enough knowledge that we can use mathematical analysis alone to arrive at reliable results, hence, economist have to rely upon more of a holistic understanding that is more typical of the arts than of the sciences.
