0
Economics is a social science. It could be organized under science, but we chose to group it with other Social Sciences instead of with physical sciences. Soon we may set up a Social Sciences or Humanities section.
Add your answer:
Earn +20 pts
What are the five subjects of social science?
There are more than 5 subjects that come under 'social sciences'. The 5 most common (generally) are: - Geography - Economics - History - Psychology - Sociology And then there's: - Politics/political science - Philosophy & ethics - Law - Anthropology - Criminology
Why economics considered to be a science?
Science can be defined as knowledge gained by observing and testing facts. In economics, economists observe various economic events and try to find patterns and form theories about the events, and then they test their theories before they apply them.
Economics is the science of scarcity and choice explain?
That description fails to account for the fact that so much human activity under capitalism is matter of being forced to do something, not a matter of choice. For instance, the majority of people are forced to sell their ability to work for a wage. And scarcity is an artificial situation caused by capitalism’s rule of no profit- no production.
How does managerial economics help managers in achieving his organizational goals?
The goal of any organisation is to achieve maximum (Profits)efficiency with least amount of labour and investment. The managerial economics is not a concrete science, since both management and economics are not and both subjects are highly flexible and are totally under human control. Both subjects, deal with the nature of human being. In brief: Achieving the optimum output with least input, is the simple definition of this subject.
Definition of managerial economics?
Managerial economics (also called business economics), is a branch of economics that applies microeconomic analysis to specific business decisions. As such, it bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression analysis and correlation, Lagrangian calculus (linear). If there is a unifying theme that runs through most of managerial economics it is the attempt to optimize business decisions given the firm's objectives and given constraints imposed by scarcity, for example through the use of operations research and programming.(the things mentioned above are ___________)
Shouldn't the Economics subtopic be placed under the Science Topic instead of History?
It could go in either location. We'll be reorganizing our topics soon so that there is some sort of clear "social science" topic where economics would go.
What are the five subjects of social science?
There are more than 5 subjects that come under 'social sciences'. The 5 most common (generally) are: - Geography - Economics - History - Psychology - Sociology And then there's: - Politics/political science - Philosophy & ethics - Law - Anthropology - Criminology
What science does business fall under?
Business typically falls under social sciences, specifically economics, management, and marketing. These disciplines study the behavior of individuals and organizations in the context of commerce and trade.
EXAMPLE OF social science?
There are many disciplines that fall under the umbrella of social science. Some of them include:* Anthropology * Psychology * Sociology * EconomicsThere are many disciplines that fall under the umbrella of social science. Some of them include:* Anthropology * Psychology * Sociology * EconomicsThere are many disciplines that fall under the umbrella of social science. Some of them include:* Anthropology * Psychology * Sociology * EconomicsThere are many disciplines that fall under the umbrella of social science. Some of them include:* Anthropology * Psychology * Sociology * EconomicsThere are many disciplines that fall under the umbrella of social science. Some of them include:* Anthropology * Psychology * Sociology * EconomicsThere are many disciplines that fall under the umbrella of social science. Some of them include:* Anthropology * Psychology * Sociology * Economics
What is the posh word for food technology?
In the days of old it was referred to as 'domestic science'. When I was at school it came under the subject called 'home economics'.
Why economics considered to be a science?
Science can be defined as knowledge gained by observing and testing facts. In economics, economists observe various economic events and try to find patterns and form theories about the events, and then they test their theories before they apply them.
What of publication are both listed under the megazine results astronomy and science odyssey and naturaly history the ecnomist and American scientist science news and time?
Science New and Earth Island
What area of science does geology come under?
Geology, the study of rocks and minerals, right? That falls under earth sciences, or history of the earth.
Economics is the science of scarcity and choice explain?
That description fails to account for the fact that so much human activity under capitalism is matter of being forced to do something, not a matter of choice. For instance, the majority of people are forced to sell their ability to work for a wage. And scarcity is an artificial situation caused by capitalism’s rule of no profit- no production.
Does economics have too many value judgments to be considered a science?
Economics is the study of how individuals make decisions under conditions of scarcity and its concepts are heavily based on experimental and empirical data, not the subjective conclusions made through value judgements. Value judgements are based on personal opinions that judge the rightness and the wrongness of matters and this is an approach that cannot be applied to economics. Economics does not take on this approach and relies on the experimental and empirical data that is available objectively. Similarly, a science is anything that proposes a theory (or hypothesis) and tests the theory to make a conclusion about the matter, based on experimental evidence that supports the hypothesis. Economics is basically this. Economists propose theories about both individual behaviour (microeconomy) and the behaviour of the aggregate economy (macroeconomy) and tests them by applying them to real-life situations. Therefore, economics is a science and its discipline is not based on value judgements.
What has the author Ute Deichmann written?
Ute Deichmann has written: 'Biologen unter Hitler' -- subject(s): History, Biologists, Biology, National socialism and science 'Biologists under Hitler' -- subject(s): History, Biologists, Biology, National socialism and science
Should children enter politics?
Children are too young to become involved with politics. The question uses the term "enter". Clearly, people under the age of 18 cannot "enter" politics. Teenagers in high school, however, can study lower levels of political science and economics. And of course study the political history of their respective countries.
