Ethics in economics: a missing link? - World Commerce Review

October 10, 2016 | Deepanshu Mohan

As a discipline of social sciences, economics in a contemporary light may hardly appear to be a branch of ethics ; most of what the discipline teaches and practices in one part seems to be extracted more from the application of science and scientific methods (in how to run an economy, optimally utilize economic resources, manage institutions etc.); while, the other part of the discipline seeks to study the nature and motivations attached with the behavioural choices made by people (famously studied in sub-fields of behavioural economics and applied microeconomics).