Because economics is a science which is centred on _________, it is not always possible to conduct experiments in the same way in which as the physical sciences do.

Question

Quizplus · Accepted Answer

Economics is focused on understanding and predicting human behavior, which is why it is not always possible to conduct experiments in the same controlled way as in the physical sciences. While consumer and organizational behavior are important components of economic analysis, they are more specific subsets of human behavior. Conjoint analysis is a specific research method used in marketing research, but it is not directly related to the science of economics.

Because Economics Is a Science Which Is Centred on _________