Hello, thank you for taking the time to post your question!
Economics is a social science that uses both rigorous reasoning and statistical analysis.
Rigorous reasoning is used to build theoretical models, which act like a controlled laboratory to predict how the economy works. However, because the real world is messy, economists use statistical analysis (called econometrics) to test these models against real-world data and observations. The two approaches are in constant conversation, with each one informing and improving the other.
Hopefully that gets you moving in the right direction! Feel free to reach out for a lesson if you have any questions beyond that! :)
