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CAIE A-Level Economics 1.2.1 Economics as a Social Science

Practise explaining why economics studies human behaviour with models and evidence while controlled laboratory experiments and perfectly stable conditions are often unavailable.

Syllabus
2026–2028
Course
Economics 9708
Level
AS

Exam points

  • explain why controlled laboratory experiments are difficult when economic behaviour and conditions change
  • recognise that economics can still construct and test models with observed data despite this limitation

1.2.1—Economics as social science question 1

[Maximum number: 1]

What is a common criticism of economics?

A

It fails to establish theories of economic behaviour.

B

It is unable to construct models of how an economy might work.

C

It lacks the ability to use and apply mathematics.

D

It is very difficult to undertake laboratory experiments in economics.

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