English, asked by nehashaikh9325, 7 months ago

Economic is a social science ​

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Answered by varsha5160
2

Answer:

Economics is the scientific study of the ownership, use, and exchange of scarce resources – often shortened to the science of scarcity. Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.

Answered by sahilrajsingh228
1

Answer:

Economics is a social science that assesses the relationship between the consumption and production of goods and services in an environment of finite resources. A focus of the subject is how economic agents behave or interact both individually (microeconomics) and in aggregate (macroeconomics).

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