study island: the study of systems of production, resources, and distribution of goods and services
economic can be define as
"Economics is the study of how people relate to each other" is a statement that does not define economics.
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Define concept of Sustainable Development?
Economics and industry
http://www.google.com/search?hl=en&q=define%3A+Austrian+Economics
Define it as: the science of understanding how man maximises his outcomes in conditions of scarcity.
Explain the role of an economist
consumers surplus define
Environmental Economics is a branch of economics that focuses on the impact of environmental policies in the economy of a country.
define law of demand.explain it with the help of schedule and digram. also write its assumption and limitation
Scarcity