Economics is known as queen of all the social sciences because all the branches of science can be
connected to economics.
It is not only a branch of science but also a form of art because it can be use everyday.
Economics is the study of the actions and hard work of people to be able to learn ways how to fully use our limited resources to be able to cope with our never ending needs. Economics comes from the greek words oiko which means governing and nomos which means home. It started in europe and it was first called
Political economics due to the fact that it focused more on the study of the political situation of a country.
Economics can be
connected to Ethics, Chemistry, Physics, Biology, Mathematics, Political Science and History.
It has two major sections. Microeconomics is the study of small sections or parts of our economy while Makroeconomics is the study of the whole dimension of our economy.
There is a way of solving some of the crisis related to economics that we are experiencing. It is by using the scientific method. The first step is to to think of a problem after that make a hypothesis or a theory to answer your question for the mean time. After that, gather all the informations you can get and start experimenting. Once you have finished all of this you can now make a conclusion and a recommendation to help others with future studies of the matter.
(for more details on the connection of economics with the othe branches of science, please check Economics and the other sciences also by read this)