Yes, Economics is a science

• Like other sciences, economists deal with large scale issues and require large scale experiments to truly test ideas

• Basic challenges researchers face are not different from the challenges in other fields of study

• Challenges faced by economists are not necessarily different to scientists in other fields. Challenges are overcome through developing tools that obtain answers through experimentation

• Economics tests old theories and formulates new ones that have been adapted based on findings

• Economics is a study of people and decision making which is often backed by maths and data and uses analytical methods

No, Economics is not a science

• Economics is more concerned with making predictions and does not necessarily follow laws in the same way physical science might

• Models used involve people, therefore the need for approximating is much stronger

• Economists ability to carry out experiments is severely limited by the need to do it on such a wide scale and the potential impact it would have on peoples livelihoods

• There tends to be multiple people in the same field who have opposing ideas. People can interpret data differently and propose different policies based on the same information

• There may be a political bias in information and might not always be fact based