ECO365 Week 1 Discussion 1

ECO 365 Week 1 DQ 1
In your opinion, why is economics a social science? How does economics influence your personal and professional decisions? Using examples, identify the marginal benefits and marginal costs of some decision(s) that you may have faced recently and how a different set of incentives may have altered your decision(s).

ECO365 Week 1 Discussion 1

In your opinion, why is economics a social science? How does economics influence your personal and professional decisions? Using examples, identify the marginal benefits and marginal costs of some decision(s) that you may have faced recently and how a different set of incentives may have altered your decision(s). In your opinion, why is economics a social science? Economics is considered a social science, a science (as economics or political science) dealing with a particular phase or aspect of human society or behavior). (Merriam-Webster) Physical law cann...