Economics is often described as a science because it

Assessment: WAEC SSCE - Economics - 1997 (Objective) Subject: Economics

Question 1 Report

Economics is often described as a science because it
Answer Details
Economics is often described as a science because it uses scientific methods to explain observed economic phenomena. It relies on empirical evidence and data analysis to understand how people make choices and how markets operate. While economics does not rely on laboratory experiments or controlled experiments like some other sciences, it still seeks to explain and predict human behavior in a systematic and objective way.

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