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because it follows strict systamatic and practical methods

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14y ago

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Can economics be consider a science?

Yes, economics can be considered a science.


Why is economics considered as a science?

Because it follows strict systematic and practical methods


What Relationship of economics to natural science?

The relationship of economics to natural science is that natural sciences provide humans and computers data which relates to different areas such as food sources. Economics is not considered a natural science.


Why economics considered as a science?

Reasons for negative economic growth


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.


Why is economics considered a science?

it follows strict systematic and practical methods


Why is economics considered social science?

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.


Is economics a social science or human science?

economics is a social science


Why economic is an science?

Economics is considered an empirical science because it is a science based on observations of experiences.It has to do with people. People change. So that makes economics an empirical study. It's not like maths (1+1= 2 principle doesn't make sense in economics).


How does economics evolve as a science?

how does economics evolve as a science?


Should economics become a science?

Economics is a science.


Why does the economics is social science?

economics is a science of scarcity