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Predict human behaviors choices - PowerPoint PPT Presentation

Economics is regarded as a science because it uses the same methodology used in other sciences.

Economics is a science resting on the postulate (or axiom) of selfishness to explain and predict human behavior. Economics is regarded as a science because it uses the same methodology used in other sciences. Methodology refers to the set of methods used in the study of something.

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Predict human behaviors choices - PowerPoint PPT Presentation

Economics is regarded as a science because it uses the same methodology used in other sciences.