Editing Social science (section)

===Economics===
{{Main|Economics|Outline of economics}}
Economics is a social science that seeks to analyze and describe the production, distribution, and consumption of wealth.<ref>{{Cite web|url=http://www.britannica.com/eb/article-9109547?query=Economics&ct=|title=economics – Britannica Online Encyclopedia}}</ref> The word "economics" is from the [[Ancient Greek]] {{lang|grc|οἶκος}} ({{lang|grc-Latn|oikos}}, "family, household, estate") and {{lang|grc|νόμος}} ({{lang|grc-Latn|nomos}}, "custom, law"), and hence means "household management" or "management of the state". An [[economist]] is a person using economic concepts and data in the course of employment, or someone who has earned a [[academic degree|degree]] in the subject. The classic brief definition of economics, set out by [[Lionel Robbins]] in 1932, is "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses". Without scarcity and alternative uses, there is no [[economic problem]]. Briefer yet is "the study of how people seek to satisfy needs and wants" and "the study of the financial aspects of human behavior".{{Citation needed|date=December 2023}}
[[File:Market-Chichicastenango.jpg|thumb|right|Buyers bargain for good prices while sellers put forth their best front in [[Chichicastenango]] Market, [[Guatemala]].]]
Economics has two broad branches: [[microeconomics]], where the unit of analysis is the individual agent, such as a household or firm, and [[macroeconomics]], where the unit of analysis is an economy as a whole. Another division of the subject distinguishes [[positive (social sciences)|positive]] economics, which seeks to predict and explain economic phenomena, from [[normative economics]], which orders choices and actions by some criterion; such orderings necessarily involve [[Subjectivity|subjective]] value judgments. Since the early part of the 20th century, economics has focused largely on measurable quantities, employing both theoretical models and empirical analysis. Quantitative models, however, can be traced as far back as the [[physiocrats|physiocratic school]]. Economic reasoning has been increasingly applied in recent decades to other social situations such as [[public choice theory|politics]], law, [[Experimental economics|psychology]], [[Economic history|history]], [[religion]], marriage and family life, and other social interactions.{{Citation needed|date=December 2023}}

The expanding domain of economics in the social sciences has been described as economic imperialism.<ref name="Imperialism"/><ref>[[Gary Becker|Becker, Gary S.]] (1976). [https://books.google.com/books?id=iwEOFKSKbMgC&dq=%22The+Economic+Approach+to+Human+Behavior%22+Introduction&lr=&source=gbs_summary_s&cad=0 ''The Economic Approach to Human Behavior'']. University of Chicago Press.</ref>