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The Pipette Episode 7 | Is economics a science?
18 minutes Posted Jul 17, 2018 at 8:43 am.
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The Pipette Episode 7
Small doses of science and society by Padma Bhushan awardee Prof P Balaram.
The methods of science have clearly made inroads into the domains of economics and finance. Physicians and mathematicians have been employed in large number by western financial institutions. Behavioural economics is a discipline that draws its essential elements from psychology. In this episode of The Pipette, Prof Balaram considers a questions that is often asked. Is economics a science? And the corollary, has science influenced economics?