What are subjects related to economics?

Answer 1

• The Social Sciences include economics, political science, anthropology, criminal justice, psychology and geography. Economics is the study of how to allocate scarce resources among competing desires. It is interconnected with these disciplines. They all focus on understanding patterns of human behavior. In certain instances, economics is also related to the natural sciences, which seek to understand the physical world, and humanities, which attempt to interpret the meaning of life.

Political Science

• Political science examines the theory and practice of politics, political behavior and the description and analysis of political systems. The main subfields of this discipline include American politics, political theory, comparative politics, public policy and international relations. Economics is closely related to these fields. An understanding of economic concepts is important to political scientists who study the structure and function of governments and how these nations relate to each other in the international system. In fact, international political economy is a subfield of the study of international relations.

History

• Historians study past events. Their main goal is to explain and interpret the causes and effects of these events. Some approaches to the study of history include researching economic history, military history, social history, cultural history and diplomatic history. Economic historians analyze the development of entire economies. They study topics such as Imperialism, class conflict, labor, the economic self-interest of individuals and industrial practices. These subjects are also studied by economists.

Human Geography

• Human geography combines cultural geography with economics to explore the relationship between humans and their natural environments. They explore the broad social patterns that shape societies, both in the past and in the present. Human geographers' main focus is to study the impact of the development and evolution of societies on their physical environment. They also investigate a variety of human endeavors, such as villages, cities and trade. Similar to economists, they are concerned with topics that have an underlying economic aspect, such as urbanization and tourism.

Psychology

• Psychologists study the mental processes and behaviors of individuals. They examine how people relate to each other and to their environment. Some topics psychologists study include perception, cognition, motivation, personality and behavior. Their knowledge is applied to areas of human activity including education and employment. Knowledge of psychological concepts such as motivation and behavior can help economists understand how people make economic decisions.

Mathematics

• An understanding of algebra, calculus and statistics is essential to the study of economics. Economists use quantitative research methods to study economic problems such as supply and demand, economic decision making, scarcity and government intervention. These variables can be numerically quantified and statistically analyzed. This information can be used to explain current economic problems and predict future conditions.