Economics is often described as a social science because?

ECONOMICSJAMB 2020

Economics is often described as a social science because?

  • A. laboratory experiments are performed
  • B. It makes use of controlled experiments
  • C. It uses scientific methods to explain an observed phenomenon and predict future events
  • D. It makes use of field work

Correct Answer: C. It uses scientific methods to explain an observed phenomenon and predict future events

Explanation

Economics is considered a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.

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