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Figure 1.1.2 Steps in Deductive approach



                  The  conclusion  of deductive  reasoning  approach  depends
                on  premises.  For  example,  let  the  major  premise  be  ‘All  cats
                have fluffy tails’ and the minor premise be ‘Bingo is a cat’. The
                conclusion drawn based on this approach is ‘Bingo has a fluffy tail’.
                The conclusion will not be reliable if the major premise is false.        ◆ Existing theories
                Thus the reliability of this approach depends on the correctness of
                the premises. The key limitation of deductive approach is that the
                conclusion will be false if the premises are not true.

                1.1.4 Significance of Social Science Research

                  Social science research is more complex than physical science
                research since it deals with a blend of varied spectrums of human
                life, their attitudes, behaviour, inter relationships and so forth. It     ◆ Blend of varied
                is considered as inevitable due to the significant role it plays in      spectrum of human
                                                                                         life
                the economy. The significance of social science research includes:
                  a.  Provides  solutions  to  problems  by  offering  answers  to
                what, when, where, and how questions. With regard to the above
                mentioned  example,  the  total  amount  of  funds  required  during      ◆ Solutions to
                the year and the probable sources from where it could be raised          problems
                are determined for the budget from the data that is collected from
                various government departments.
                  b. It helps the government in policy formulation.  Through
                social science research the key areas where the government
                should pay more attention could be identified and the measures to
                be taken to tackle the issues could be developed such as resolving        ◆ Policy Formulation
                unemployment  issues, eliminating  poverty, infrastructure
                development, and so forth. Thus it contributes towards framing
                monetary and fiscal policies.



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