Reasons why economics is regarded as a science subject?

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Claudine Kozey asked a question: Reasons why economics is regarded as a science subject?
Asked By: Claudine Kozey
Date created: Sat, Oct 23, 2021 5:36 AM
Date updated: Sat, Sep 24, 2022 11:16 AM

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Top best answers to the question «Reasons why economics is regarded as a science subject»

  • Economics is a science because it can make predictions Economists use scientific observation and deduction in their investigations using index numbers, base year and current year figures and past data. Economists frequently use versions of the demand and supply model to help explain events such as realty prices trends and movements.

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