Economics is as much a science as any other science and has much in common with physics.

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‘Economics is as much a science as any other science and has much in common with physics.’

a. Consider the approach taken to research and investigation in economics and that in physics. To what extent are the two disciplines similar and to what extent are they different?

b. Are ‘forces’ and the concept of equilibrium similar in both disciplines? Explain.

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Economics

ISBN: 9781473768543

5th Edition

Authors: Gregory Mankiw, Mark P. Taylor

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