Which of the following best explains why economics is classified as a social science?
It relies entirely on value judgements to formulate theories.
It studies how individuals and societies make choices to allocate scarce resources.
It uses controlled laboratory experiments to establish universal physical laws.
It rejects the use of empirical data and statistical testing in its analysis.
123 exam-style questions on AQA A Level Economics 1.1 Economic methodology and the economic problem, covering 1.1.1 Economic methodology, 1.1.2 The nature and purpose of economic activity, 1.1.3 Economic resources, 1.1.4 Scarcity, choice and the allocation of resources, and 1.1.5 Production possibility diagrams. Each one has a worked solution and a mark scheme showing where the marks go.