Sociology and economics are linked together by social influences

Sociology and economics are linked together by social influences. Without the social background the study of Economics is quite impossible. Sociologists have contributed to the study of different aspects of economic organisation. Property system, division of labour, occupations etc. are provided by a sociologist to an economist (Bhatt, 2018).

Sociologist look at how the family spends money as a whole. An example, three areas of spending are examined: food and daily living expenses, leisure expenditure, and domestic rates or poll tax. The results suggest that though in absolute terms men contribute more to the domestic economy than do women, in relative terms women contribute a higher proportion of their income (Journals.sagepub.com, 2018).
Economics is the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making (Aeaweb.org, 2018.) Like sociology economics also looks at how the family spends money. But economists also look at why they spend that money, what influences them to and how the family effects the economy.
An example would be Economists would be interested in why women are being paid less than men and why they work in places that pay lower wages.