Economics is a social science, the science of people in the process of managing the economy. It describes reality and seeks regularities in this reality. When reality changes, economics necessarily changes - says Prof. Elżbieta Mączyńska, an economist associated with the Warsaw School of Economics, honorary president of the Polish Economic Society.
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Economics is a social science, the science of people in the process of managing the economy. It describes reality and seeks regularities in this reality. When reality changes, economics necessarily changes - says Prof. Elżbieta Mączyńska, an economist associated with the Warsaw School of Economics, honorary president of the Polish Economic Society.