Please write a brief but complete answer to the following questions: 1.How is economics like a science? 2.Why is economics a “social” science? 3.Why do economists sometimes offer conflicting advice to...

Running Head: BUSINESS COMMUNICATIONS                        1
BUSINESS COMMUNICATIONS                                2
BUSINESS COMMUNICATIONS
Table of Contents
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1.
According to Van Dalen (2019), economics is considered as a science. It is a study of ownership, scare resources and exchange process, which is done scientifically. Its experiments are not conducted in laboratories but in society. Yes, definitely is different from pure sciences but unlike them in it the relationships are established between ends and scare means to find alternative uses.
There are various opinions on it, which have led to debate between considering it as a scientific subject, or not (Sirmatel & Geroliminis, 2017). The laws and principles, which constitute its theories, are derived from the observations and deductions, which are greatly influenced by natural science while constructing abstract models. It is also dynamic in nature because of which the relations show different observations rather static.
2.
Economics is treated as a social science because in it the scientific methods are used to construct theories, which further explains the behaviours of people in the society, groups or communities and the organizations. In the last 100 years...