Economics -Social Science or Applied Science?
Authored by Jeanne Ramos
Other
12th Grade
Used 21+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It uses models to visualize information and analyze variables and their relationships.
Economics as Social Science
Economics as Applied Science
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It uses scientific methods to build theories to help explain the behavior of individuals, groups and organizations.
Economics as Social Science
Economics as Applied Science
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It studies how individuals make choices in allocating scarce resources to satisfy their unlimited wants.
Economics as Social Science
Economics as Applied Science
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is characterized as the application of economic theory and econometrics
Economics as Social Science
Economics as Applied Science
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a powerful tool to reveal the real and exact situation in order to come with things to do.
Economics as Social Science
Economics as Applied Science
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It formulates theories through testing and analyzing historical data.
Economics as Social Science
Economics as Applied Science
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is concerned with the production, distribution and consumption of goods and services.
Economics as Social Science
Economics as Applied Science
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