what are the scope of economics

what are the scope of economics? is a science subject? the major part of the study of covers business environment in relation to human behavior.

what areas of life does the scope of cover

is also concerned with human behavior, such as how people in the process of buying and selling.

as a social science subject is also concerned with the study of firm or companies and the government which is responsible for the provision of goods and services for its people in order to satisfy their wants.


is also regarded as a science because it adopts the scientific method.

NATURE AND SCOPE OF


belongs to a group of subject called social sciences. Other social science subjects are sociology, geography, psychology, government, political science, religious studies, anthropology and philosophy.

opportunity cost

is regarded as a social science because it studies human behavior. For example, is the price of a commodity rises, people will buy more, all things being equal?

. PRINCIPLES OF FARM OUTLAY

  1. SUMMARY OF FARM SURVEYING
  2. CROP HUSBANDRY PRACTICES
  3. PESTS AND DISEASE OF MAIZE- ZEA MAYS
  4. CULTIVATION OF MAIZE CROP
  5. OIL PALM
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how studies human behavior


is also concerned with human behavior, such as how people in the process of buying and selling. as a social science subject is also concerned with the study of firm or companies and the government which is responsible for the provision of goods and services for its people in order to satisfy their wants.

why is regarded as a science subject


is also regarded as a science because it adopts the scientific method. The scientific method involves the following:
Observation
Formulating a hypothesis
Collection of data
Organizing or analyzing the data
Formulating laws
Testing the laws
Prediction on the basic of the laws


Even though is often regarded as a science subject, it does not assume the same level of precision and accuracy as any of the natural pure or physical and biology.

This is because economics deals with human behavior, which is very complex and changes from time to time depending on the circumstances.

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