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Because there is no firm predictive use for it. Economics is based almost entirely on experiences, personal and historical.

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Q: Why is it economics is an empirical sciences?
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How would you defend the proposition that economics is a true science?

Economics uses empirical models driven by mathematical tools and statistical data to reach objective, positive conclusions. When economics makes normative conclusions, all normative conclusions are not subjective in morality but use efficiency (as in other applied sciences) as the right outcome. In economics, as opposed to other social sciences, general, well-defined answers can be formulated and experimented on, like the physical sciences.


Why is economic an empirical science?

Economics is considered an empirical science because it is a science based on observations of experiences.It has to do with people. People change. So that makes economics an empirical study. It's not like maths (1+1= 2 principle doesn't make sense in economics).


Which of these is considered to be the king of the social sciences-?

Economics is considered to be the king of social sciences.


What is considered to be the king of the social sciences?

economics


What are the sciences which involve in economics?

Physics,Mathematics


How do you differentiate philosophy from others sciences?

Philosophy deals with fundamental questions about existence, reality, knowledge, ethics, and the nature of the universe, using rational argumentation and critical thinking. While science focuses on empirical evidence, experimentation, and observation to understand the natural world. Philosophy tends to be more abstract and speculative compared to the empirical and objective nature of the sciences.


Why economic is an science?

Economics is considered an empirical science because it is a science based on observations of experiences.It has to do with people. People change. So that makes economics an empirical study. It's not like maths (1+1= 2 principle doesn't make sense in economics).


What social sciences can also be classified as a natural science?

Psychology and anthropology can also be classified as natural sciences because they use scientific methods to study human behavior and society from an empirical perspective. Economics can also be considered as a natural science when it uses mathematical and statistical models to analyze economic phenomena.


Which of these is considered to be the king of the social sciences?

Because one can conduct studies about the sociology of ... As in, "the sociology of history" or the "sociology of economics". Sociology is the only social science in which one cannot say "the sociology of sociology".


What is the relation of economics to social and natural sciences?

The relation is ahehehehhe


What is the relationship of economics to natural sciences?

itz about how he treatz u


Which are the subject in commerce?

commerce, accounts,economics, and computer-sciences