Economics is scientific because

[Ale]

Question 1

The scientific approach to economic inquiry involves
◦ testing the predictions with empirical data.
◦ testing the reality of the assumptions of the model.
◦ using only independent variables.
◦ using only endogenous variables in economic models.
◦ choosing data that will support the predictions.

Question 2

Economics is scientific because
◦ individual behaviour is predictable.
◦ economists test hypotheses by appealing to empirical evidence.
◦ economists use data.
◦ economists routinely conduct controlled experiments.
◦ economists routinely conduct laboratory experiments.

[Htimsrs]

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[Ale]

Thanks for the timely response, appreciate it

[amit]

Gracias!