Thread: nature of economics as social science?

I started studying economics and I'm finding it somehow stranger and more difficult than other academic fields I've studied. I'm having health problems but it just seems that the causes of economic events seem to be in the realm of opinion instead of science. maybe I just don't know enough about classical economic theory and how phenomena are explained?

did anyone else have the same experience?

Originally Posted by mathnerd15

I started studying economics and I'm finding it somehow stranger and more difficult than physics.

How in heck do you see economics related to physics?

I just started studying economics as a beginner so I don't know- is it based on theories of Keynes? or Adam Smith?

Dunno...go see:
What Is Keynesian Economics?

wasn't Keynesian economics replaced by the Chicago school? http://en.wikipedia.org/wiki/Chicago_school_(economics)

Well, why don't you take the course first...worry about that stuff later...

Originally Posted by mathnerd15

wasn't Keynesian economics replaced by the Chicago school? http://en.wikipedia.org/wiki/Chicago_school_(economics)

Isn't that what your course is supposed to teach you? Or rather to decide which is best given a current situation.

I've never done an economics course but I suspect it is more of a social science because it's hijacked and changed by politicians who decide what do based on what will get them re-elected?

Originally Posted by e^(i*pi)

Isn't that what your course is supposed to teach you? Or rather to decide which is best given a current situation.
I've never done an economics course but I suspect it is more of a social science because it's hijacked and changed by politicians who decide what do based on what will get them re-elected?

Paul Krugman won a Nobel Prize for his application of mathematics to economics.