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Because it follows strict systematic and practical methods

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13y ago
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14y ago

why economics is considered as a science?

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Q: Why is economics considered as a science?
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Related questions

Can economics be consider a science?

Yes, economics can be considered a science.


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


What science does business fall under?

Business falls under the category of economics. It can be debated, whether economics truly deserves to be considered a science.


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 Science?

because it follows strict systamatic 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.


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).


Is economics a social science or human science?

economics is a social science


Is economics in the group of the sciences true or false?

It is considered science. There has been a Nobel prize in economic science since 1969.


How does economics evolve as a science?

how does economics evolve as a science?