• Economics belongs to the branch of knowledge known as the "Social Sciences." The social sciences deal with both inter-generational and intra-generational interactions between human beings in a society.
  • Human activities can, of course, be studied from many different perspectives. Humans could look at humans as political, psychological, historical, or economic beings.
  • A political scientist, for example, would analyze the political activities of the people while an economist would examine activities related to their livelihood.