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How do economics affects science

User Pacukluka
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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.
User Worenga
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