Social Sciences


DEFINITION of 'Social Sciences'

A group of academic disciplines that examine society and how people interact and develop as a culture. Social science as a field of study is separate from the natural sciences, which cover topics such as physics and chemistry. Economics, political science, history, law and geography can be considered social sciences.

BREAKING DOWN 'Social Sciences'

Social science as an academic field of study developed out of the Age of Enlightenment as individuals began to take a more disciplined approach to quantifying their observations of society. Over time, similar aspects of a society, such as communication, were separated into unique fields of study. Statistical surveys and research methodologies helped prove or disprove theories.

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  1. Is economics a science?

    Economics is generally regarded as a social science, although some critics of the field argue that economics falls short ... Read Full Answer >>
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    Transfer pricing refers to prices that a multinational company or group charges a second party operating in a different tax ... Read Full Answer >>
  3. Marginal propensity to Consume (MPC) Vs. Save (MPS)

    Historically, because people in the United States have shown a higher propensity to consume, this is likely the more important ... Read Full Answer >>
  4. Student loans, federal and private: what's the difference?

    The cost of a college education now rivals many home prices, making student loans a huge debt that many young people face ... Read Full Answer >>
  5. Can I use my IRA to pay for my college loans?

    If you are older than 59.5 and have been contributing to your IRA for more than five years, you may withdraw funds to pay ... Read Full Answer >>
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