Economists have difficulty applying the scientific method because:
A) Economics has a short history
B) The scientific method does not really apply to economics
C) People are the focus of economics, and their behavior is highly predictable
D) Controlled laboratory experiments in economics are often not feasible

Question

Quizplus · Accepted Answer

Controlled laboratory experiments in economics are often not feasible due to ethical, practical, and financial reasons. This makes it difficult for economists to apply the scientific method in the same way that natural scientists do. However, economists can still use other methods such as historical analysis, statistical analysis, and theoretical modeling to test hypotheses and make predictions about economic phenomena.

Economists Have Difficulty Applying the Scientific Method Because