What Is Socio-Economic Analysis?

The core issue of social economics: We have identified the disadvantaged groups in market competition and their transformation mechanisms as the research object of social economics, which includes two related issues. One is how the category of vulnerable groups in market competition comes from. Second, what is the basis for such thinking.

Socioeconomics

For more than 20 years of China's market-oriented reform,

The determination of socioeconomic reconstruction is based on historical ideological materials and realistic social practices.

First, historical ideological materials. Any new doctrine must start from the existing ideological materials, and reconstruction of social economics is no exception. Through academic search and academic tracking, we confirmed that Sismondi was the founder of social economics. Although the pioneering work of social economics is called "New Principles of Political Economy", the content is a knowledge system that reflects the interests of and serves small producers.

Economics is social science

Although the models used in economics and the natural sciences are similar, economic models do not make accurate predictions like the models in the natural sciences, for two main reasons.

Conditionally controlled experiments are not possible in economics. After establishing the model, physicists can use laboratory experiments to strictly control the conditions to verify it. However, economists in order to develop a reasonable and simplified model when studying the complex relationship between the constantly changing environment and individuals, groups, institutions, etc. They have to make simplified assumptions, such as a common assumption is "other things remain the same." Unlike physicists, however, economists cannot in fact keep those conditions that are supposed to be constant.

In this sense, economics is a bit like some natural sciences such as meteorology. Because many factors affect the process and development of meteorological systems, meteorologists have to make various simplifications in order to obtain simpler predictions. However, with the use of satellites and computers in recent years, atmospheric forecasts have become more accurate. This is also the case in economics. With the assistance of computers, economists have developed more complex models, thereby enhancing the predictive power of economics.

The difference between human behavior is another serious difficulty faced by economic models. Although people respond similarly in similar situations, there are often some differences in these behaviors. For example, how will companies react to inflation when making investment decisions? This depends on unpredictable factors such as the company's commercial credit status. in

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