Question 6
Basic ConceptsEconomics is regarded as a social science because it
- A.adopts the scientific method in production
- B.is an agent of socialization
- C.adopts the scientific method in the study of human behaviour
- D.deals with social problems
Show the answer and explanation
Answer: C (adopts the scientific method in the study of human behaviour)
Explanation
Economics studies how people behave when making choices, and it does so using scientific methods of observation, hypothesis and testing.