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/sci/ - Science & Math


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11254668 No.11254668 [Reply] [Original]

Does economics count as a science?

>> No.11254670

Econometrics can probably called a form of logic based on its own axioms.

Economics in general is closer to sociology

>> No.11254698

>>11254668
sure but
>>>/biz/

>> No.11254708

Nigga please
At best it's an offshoot of maths, but in no way does it resemble a science

>> No.11254726

>>11254668
No

>> No.11254732

Money

>> No.11254812

>>11254668
dumb frogposter

>> No.11254895

No.
/thread

>> No.11255246

>>11254670
Science was a mistake. We should stick to logic.

>> No.11255345

The nobel prize for econ is a complete meme, in the same category as lit and peace.
Economics is a useful academia sure, but sure as hell isnt empirical enough to call real science

>> No.11255347 [DELETED] 

>>11255345
Better comp sci

>> No.11255443

>>11254668
Yes and it's one of the most important sciences.

>> No.11255470

>>11254668
No, it doesn't have a definitive method to it's madness.The observations and 'science' we agree on have failed to predict the current economy right now. By all indicators we should be in a global recession already. But they do a pretty good job of employing tried and true tricks to alleviate things or encourage things there.
>inb4 we are doing worse
A few points worse is not the same as wondering if I'm gonna get a paycheck next week.

Currently it's more of an art, similar to a cook adding a pinch of salt and a dash of oregano, and searing til it looks golden brown.
A science would be more like: per lb of meat, x tbs of salt + y tbs of oregano for z amount of time.

>>11255443
Please elaborate so w can all point and laugh at you

>> No.11255487
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11255487

>>11254668
If you do game theory, yes.

>> No.11255489

>>11254668
Does it use the scientific method in any way?

>> No.11255887

>>11254668
It is a SOCIAL science. We have this thread all the time and im sick of arguing with idiots on 4chan who have never studied economics. No one on here knows what they are talking about when referring to economics on any board

>> No.11255974

No.

All real sciences are based on empiric discoveries.

"Economics" was something invented by mankind.

>> No.11255983

>>11254698
>>>/biz/ has nothing to do with economics. Only thing they do is circle jerk about the next scam coin.

>> No.11256017

What would /sci/ choose as the smaller evil, CS or econ?

>> No.11256649

>>11255974
so is economics just a subset of pure/applied maths then?

>> No.11256665

In theory perhaps.
But not in practice.

>> No.11256826

>>11254668
No its psychology, aka social science

>> No.11256834

>>11254670
>Econometrics
This is where it becomes an applied math degree into a social science (same with Data Analytics in Political Science where it’s a math/programming degree with a social science as its target)

>> No.11256838

>>11256017
Economics will have significantly less capacity for evil than CS in the coming century, on a person to person basis Econ fags are more likely to be pedophile sociopaths but far less likely to be proud pseuds so I would have to spare the economist for the CSnigger at my concentration camp.

>> No.11257947

I’m graduating in the spring with a degree in economics. Not really a science, however it is relatively rigorous. My degree is in the school of arts and sciences, and it's a bachelors of science. It can look very much like Applied math at dealing with advanced models (typically micro/econometrics), but as with everything when it comes to understanding human behavior, at the macro level it can resemble psychology and is less mathematical, especially the type of stuff you’re probably thinking of: where some talking head on TV is trying to predict the direction of the economy (which is not something anyone can do almost by definition)

>> No.11257950

>>11257947
Also /biz is actual trash and Marxists on /lit have better economic discussions, lol

>> No.11257952

>>11256649
Not until you can predict human behavior.

>> No.11257972

>>11255887
Social studies are not science, they don't follow the scientific method, only when it interests them

>> No.11258148

>>11254668
IDK does sociology?