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Economics unit 1.1 Economics as a social science $9.30   Add to cart

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Economics unit 1.1 Economics as a social science

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  • December 15, 2022
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Economic methodology

What is the difference between these 2 statements?
• His new car is green
• His new car is a terrible shade of green



Introduction to
economics



Y1: Economic
methodology and AS: ECONOMIC METHODOLOGY AND
the economic
problem THE ECONOMIC PROBLEM

, ECONOMIC METHODOLOGY




 Economics as a social science
 Similarities to and differences in methodology from natural and
other sciences
 The difference between positive and normative statements
 How value judgements influence economic decision making and
policy
 People’s views concerning the best option are influenced by the
positive consequences of different decisions and by moral and
political judgements
 Students should understand how thinking as an economist may
differ from other forms of scientific enquiry

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