This. The first thing a good economics class teaches you (and idc about anyone's opinion on it because, yes, econ is still a social science at the end of the day that employs the scientific method to accept or reject null hypotheses) is that every model is wrong. Some are more correct than others, but at the the of the day they're wrong. Because a model that's correct won't tell you anything useful ("you will likely die at some point" well yeah no shit). The best any science can do is approximate the truth.
Because a model that's correct won't tell you anything useful
I'll disagree there. It's very useful to know certain things to be able to plan around and for them. Using your example, I know I'm going to eventually die so I'll take steps to account for that. I also know that gravity exists, which allows me to do certain other things with confidence that they will occur.
Knowing something will happen doesn't mean it's not useful and if that's what your Econ teacher tried to tell you then they were shit at explaining the point of certainties.
This. The first thing a good economics class teaches you (and idc about anyone's opinion on it because, yes, econ is still a social science at the end of the day that employs the scientific method to accept or reject null hypotheses) is that every model is wrong. Some are more correct than others, but at the the of the day they're wrong. Because a model that's correct won't tell you anything useful ("you will likely die at some point" well yeah no shit). The best any science can do is approximate the truth.
I'll disagree there. It's very useful to know certain things to be able to plan around and for them. Using your example, I know I'm going to eventually die so I'll take steps to account for that. I also know that gravity exists, which allows me to do certain other things with confidence that they will occur.
Knowing something will happen doesn't mean it's not useful and if that's what your Econ teacher tried to tell you then they were shit at explaining the point of certainties.