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?"
Scientific theories identify generally applicable rules that are able to predict and explain observations in the world. According to the Stanford Encyclopedia of Philosophy (SEP)
http://www.ehow.com/facts_7298056_economics-relate...
Economics is a branch of science of human behavior.
http://wiki.answers.com/Q/How_economics_related_to...
We are. not. currently in recession, as you know this would constitute two consecutive quarters of zero GDP growth and although the numbers are slowing, (in UK 0.2% down from 0.5%
http://www.quora.com/How-likely-is-a-European-econ...
Environmental Science studies the environment and resources that
http://www.chacha.com/question/how-are-economics-a...
About -  Privacy -  Careers -  Ask Blog -  Mobile -  Help -  Feedback  -  Sitemap  © 2014 Ask.com