CAIE A-Level Economics AS 1.2.1 Economics As Social Science Questions

Practise explaining why economics is a social science, including its use of models, evidence and behavioural analysis, using CAIE Economics AS questions.

Exam points

Explain that economics is a social science which studies human behaviour and choices under conditions of scarcity, using models and evidence rather than laboratory experiments.

[Maximum number: 1]

What is a common criticism of economics?

It fails to establish theories of economic behaviour.

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

It lacks the ability to use and apply mathematics.

It is very difficult to undertake laboratory experiments in economics.

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CAIE A-Level Economics AS 1.2.1 Economics As Social Science Questions question 1