Why is the place of economics among other sciences and it’s method interrogated ?

Abstract

Aim of this study is to emphasize that transforming of the interaction of economics with mathematics into the domination relationship has caused a methodological monopoly and to explain that it has caused that the dominated economics discipline has led to a rupture risk from the main events and problems. On the other hand, the study reveals that the integration of economics with a heavy formulization process, having an excessive interest of modern mathematics in economics and the impact of mathematical developments in other disciplines on economic theory have changed the power balance and have shaken the fundamentals of neoclassical economic theory. In addition, beyond that the various methodological discussions among economists about the fact that economics discipline should consider the matters of the real world, it investigates the reasons of why the ties of economical research with social problems have weaken recently. Even though economics is a social science that assumes that it is impossible to put a distance among people as converted into a dominant ideology of modern era, the study analyzes the location of economics in the classification of natural and social sciences within the framework of arguments accepting that it has resembled to the natural sciences.In this regard, the study reaches the conclusion that economics will become more scientific as mathematical modeling has been playing a guiding role in this field, otherwise intensive use of mathematics in economics  will exclude the  sociological. Therefore, behavioral and institutional factors have to be  considered in economic analyses.