Is economics a social science?

[Santiago]

I’m having a discussion about academic classifications. Is economics a social science, or is it categorized differently because of its strong use of mathematics and statistics?

 

[Rick_Grimes]

Yes, economics is a social science because it studies how individuals, businesses, and governments make decisions about resources, production, and consumption; it focuses on human behavior and market interactions rather than natural or physical phenomena.

 

[Oscar]

Yes, economics is a social science. It examines how people, businesses, and governments make choices about allocating scarce resources, studying production, distribution, consumption, markets, and human behavior within economic systems.

 

[Peter]

Yes, economics is a social science. It studies how individuals, businesses, and governments make decisions about using limited resources to satisfy needs and wants. Economics examines production, distribution, consumption, markets, and human behavior in financial and social systems, making it a core branch of the social sciences.