0
Because it tries to predict human emotions (certainty, optimism, insecurity...) and human behavior (investing, buying, saving) with mathematical equations. Try predicting the behavior of your wife, husband, friend (you name it) with mathematical precision. Now try predicting the behavior of people you don't know and people who come from different backgrounds with mathematical precision. It's difficult to design a formula that takes all factors of human behavior into consideration.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Is economics a social science or human science?
economics is a social science
Why does the economics is social science?
economics is a science of scarcity
Should economics become a science?
Economics is a science.
Can economics be consider a science?
Yes, economics can be considered a science.
Is economics is classified as a social science?
true
Is economics a social science or human science?
economics is a social science
Why does the economics is social science?
economics is a science of scarcity
How does economics evolve as a science?
how does economics evolve as a science?
Should economics become a science?
Economics is a science.
Can economics be consider a science?
Yes, economics can be considered a science.
Is economics is classified as a social science?
true
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 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.
Why is that economics is not a natural science?
Economics does not describe a state of nature, therefore it is not a natural science.
What kind of a subject is economics?
Economics is a social science.
How is economics related to other social science - site examples?
economics and social science examples
What is the relationship between economics and physical science?
There is a direct relationship between economics and physical science. As a matter of fact, economics is defined as physical science which uses various computations to analyze trends in the market.
