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Q4 on 1.2.1. to 1.2.4.: What is Economics in A Broader Project of Social Science?


What is Economics in A Broader Project of Social Science?

(Based on Robbins, L. (2007). An essay on the nature and significance of economic science.)


We may deduce the following from 1.2.1 to 1.2.4: 

A) Buying and selling are now aspects of behaviour.

B) Accordingly, the market is now an abstract idea, an aspect of any engagement.

C) These markets are frequently established in almost all engagements of social nature. The instances of economic nature - the instances where multiple scarce-substitutable means and multiple immutable-conflicting ends shape behaviour - are not infrequent in rest of sciences.

D) These markets - instances of economic nature - play a central role in almost all of the social sciences - the act of choosing from various means with  alternative uses shapes almost all spheres of life.

E) Accordingly, the empirical findings of other sciences where aforesaid market exists fall within the scope of economics.

F) Economics Analysis can provide the economic rationale of these empirical findings.

G) Economics is primarily a deductive-mathematical branch of knowledge aimed at providing logical explanations of choice rather than pointing to regularities.

H) For so long as A-D holds true, Economics can provide the Mathematical Foundations for problems of Social Sciences dealing with choice.

I) However, since the problems are universal, and shape everything, we may say: Economics can act as the Mathematics of The Social Science.

J) Or simply, Economics is the Mathematics of Social Science.


However, this is subject to the answers of all aforesaid questions we raised earlier.