Scotsman Thomas Carlyle labeled economics the "dismal science" well over one hundred years ago because it seemed boring, uninteresting, unclear, and full of "on the one hand, on the other hand."
economics is a social science
Economics is a science.
economics is a science of scarcity
Yes, economics can be considered a science.
This a nickname given to it by economist Carlyle in the 19th century. He used it as he referred to an earlier economist, Malthus, whose economic models shoed that the food supply would not keep up with population growth. This would of course cause a huge disaster. As such was possible so it seemed to many other economists the tag of dismal was attached to the study and workings of economics. Mathus was proved wrong.
The Eighteenth and nineteenth century Romantics called economics the "Dismal Science" to criticize its focus on utilitarianism and materialism, which they believed ignored the beauty and spiritual aspects of life. The term was coined by Scottish writer Thomas Carlyle.
Because no one understands it. (they can describe what happened, but no one can tell you what will happen next.)
Dismal is means someone that is depressing. This can also be called dreary.
economics is a social science
how does economics evolve as a science?
Economics is a science.
economics is a science of scarcity
Yes, economics can be considered a science.
This a nickname given to it by economist Carlyle in the 19th century. He used it as he referred to an earlier economist, Malthus, whose economic models shoed that the food supply would not keep up with population growth. This would of course cause a huge disaster. As such was possible so it seemed to many other economists the tag of dismal was attached to the study and workings of economics. Mathus was proved wrong.
true
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.