The biggest link between economics and political science is the way in which a government can choose the type of economic system a country decides to follow. While political science is concerned with the state, government and agencies, economics deals with the system which society uses to organize and control the economic sphere. The three main economic systems a political party can choose between are capitalism, a centrally planned government or the free market.
- Centrally Planned Government.
- Free Market.
Choosing the best economic system for a state is an important decision to be made and is the most important time that a relationship is established between economics and political science.