Economics is a science because:

Introduction:
Economics is widely recognized as a social science which deals with the production, distribution, and consumption of goods and services. It is considered a science due to its systematic approach, reliance on empirical data, and the use of scientific methods to analyze economic phenomena.

Systematic approach:
Economics follows a systematic approach in studying economic phenomena. It involves the formulation of theories, collection of data, and analysis of facts to explain and predict economic behavior. This systematic approach allows economists to develop models and frameworks that help in understanding economic principles and making informed decisions.

Reliance on empirical data:
Economics relies heavily on empirical data to test and validate economic theories and hypotheses. Economists collect data from various sources, such as surveys, government reports, and statistical databases, to analyze economic phenomena. This data-driven approach ensures that economic analysis is based on real-world observations and facts rather than mere speculation.

Use of scientific methods:
Economists use scientific methods to study economic phenomena. They formulate hypotheses, design experiments, and conduct statistical analyses to test their theories. This scientific approach allows economists to draw conclusions based on evidence and establish causal relationships between economic variables. By using scientific methods, economists can make predictions and provide insights into economic behavior and policy implications.

Mathematical and statistical tools:
Economics utilizes mathematical and statistical tools to analyze economic data. These tools enable economists to formulate models, derive equations, and quantify economic relationships. By using mathematical and statistical techniques, economists can make precise predictions, measure the impact of policy interventions, and conduct rigorous empirical analysis.

Conclusion:
In conclusion, economics is considered a science due to its systematic approach, reliance on empirical data, use of scientific methods, and the application of mathematical and statistical tools. Through these scientific principles, economists aim to understand and explain the complexities of economic behavior and provide valuable insights for decision-making at individual, organizational, and policy levels.