How Is Economics like a Science?

Answer

Economics is like a science because it actually is a science. Economics is sometimes considered to be a social science. An economist is a person who takes data about the economy and produces a hypothesis regarding the future of that economy. The economist will then do experiments or follow trends to try and predict what will happen with that economy in the future. This is similar to research and prediction in many sciences that are considered 'hard sciences.'
Reference:
Q&A Related to "How Is Economics like a Science?"
Philosopher Karl Popper defined something as scientific if there is a logical possibility of it being found false. Economists see economics as a science under Popper's definition.
http://www.ehow.com/facts_5697648_economics-scienc...
Economics is the study of man and his activities in relation to his environment. The study of ends and scarce means which studies alternative uses. from the little i know, economics
http://wiki.answers.com/Q/Why_is_economics_a_socia...
Economics is the social science that analyzes the production, distribution, and
http://www.chacha.com/question/what-kind-of-scienc...
Economics and CS are among my majors in college. I interned at Facebook in the ads team right after my Junior year. You learn that stuff like "Auction Theory" that you learn
http://www.quora.com/What-should-a-junior-in-econo...
Explore this Topic
The field of economics uses scientific methodology to unveil truths about its nature. Economists often perform experiments and use scientific tools for crafting ...
Economics is defined as a social science branch that studies or researches on the needs of human beings and what satisfies them. Therefore, economic choices have ...
In the 1970's, Liverpool was in an economic crisis as many docks were closed. There was high rate of unemployment as well as many people losing their jobs. Strikes ...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com