is economics a science?

Question

is economics a science? can you interpret about it;

-not universal

-difficulties in experiments

-error in experiments,

-gives different results in different times and nations.

Answer 1

It may be considered the hardest of the soft or social sciences. Some deny social sciences are real science.

But among them, economics is the most compared to physics. The laws of supply and demand come close to a natural law of science.

errors result from aggregating data. Statistics always are summaries that leave out major information.

You can never do an experiment by controlling all variables the way you can in a chemistry or physics laboratory.

You're studying yourself in some respect,so that the observer and observed get mixed together. You lose some objectivity when you are involved.

The Nobel Prize for economics is called for "economic sciences" Apparently they believe it is a science. It is highly mathematical, and math is considered a major aspect of a field that is science.