Economics is called a social science because it is
- A branch of social studies
- A study of the ways man devises to satisfy his unlimited wants from unlimited resources
- A dismissal science in the Malthusian sense
- Governed by scientific law
-
The study of human wants by the means of scientific method of observation
The correct answer is: E
Explanation
Economics is regarded as a social science because it uses scientific methods to build theories that can help explain the behavior of individuals, groups, and organizations.