Home ScienceSocial SciencesEconomics Subscribe to RSS

Why Economics Is Considered A Science And An Art?

Answer Question

1 Answer - Sort by: Date | Rating

    Economics is considered as a social science in which production, consumption, and distribution of products and services are studied. Economics can be categorized as science as well as art. Lionel Robbins defined economics as a science in which human behavior is studied. The level of subjectivity and at the same time the lack of experimentation makes economics an art. Therefore, economics is defined as a social science. Given link will further clarify this concept to you.

    Economics as a science or art

    0 0

    Amber22  

    answered 1 year ago

      More

      More

         
         

        Ask a Question via Twitter

        Send a question to @askblurtit and we will publish it online and send you a reply everytime you receive an answer.

        Blurtit Store

        Get T-shirts, hoodies, caps and more at the Blurtit store

        Blurtit International