Because it tries to predict human emotions (certainty, optimism, insecurity...) and human behavior (investing, buying, saving) with mathematical equations. Try predicting the behavior of your wife, husband, friend (you name it) with mathematical precision. Now try predicting the behavior of people you don't know and people who come from different backgrounds with mathematical precision. It's difficult to design a formula that takes all factors of human behavior into consideration.
economics is a social science
Economics is a science.
economics is a science of scarcity
Yes, economics can be considered a science.
true
economics is a social science
how does economics evolve as a science?
Economics is a science.
economics is a science of scarcity
Yes, economics can be considered a science.
true
Economics is a social science because it is a field of study dealing with society and human behavior.
Economics is not political science. However, the fields can have some overlap like political economy. Lastly, economics and political science are both a social science.
Economics does not describe a state of nature, therefore it is not a natural science.
Economics is a social science.
economics and social science examples
There is a direct relationship between economics and physical science. As a matter of fact, economics is defined as physical science which uses various computations to analyze trends in the market.