Question

How do economics affects science

Answer 1

Effects of economics on science:

• Economics is also a branch of science. Economics deals with the productive use of resource in a well-organized way.

• So there might be lots of scientific reason for the problems in the society but sometimes the economics play a vital role in solving the problems. Generally economics is a social science.

• Economists use many scientific techniques to analyze the hypothesis, solve problems and interact with the resource managements.

• So, we can say that economics and science are interrelated with each other.