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Economics is the social science concerned with the production, distribution, and consumption of wealth and the allocation of scarce resources in order to meet apparently unlimited human wants.
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Economics may be defined as the science that explains?
Economics explains money and the way it functions in society.
Economics is defined as a study of the?
choices made by people faced with scarcity
In economics a commodity is defined?
a primary product like oil or coffee.
Definition of economics by William nordhaus?
William NOrdhaus defined economics as the study of how individual and society choose to use scarce resources.
Should you drop economics for pyschology?
should i drop economics for psychology
Economics may be defined as the science that explains?
Economics explains money and the way it functions in society.
What a commodity is defined in economics?
a primary product like oil or coffee.
Economics is defined as a study of the?
choices made by people faced with scarcity
In economics a commodity is defined?
a primary product like oil or coffee.
Definition of economics by William nordhaus?
William NOrdhaus defined economics as the study of how individual and society choose to use scarce resources.
Should you drop economics for pyschology?
should i drop economics for psychology
Who defined economics as the study of mankind in the ordinary business of life?
alfred marshall
Health economics can be defined as?
is a branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare.
Should economics become a science?
Economics is a science.
What is the definition of economics by J.H Davenport?
He defined economics as the science that treats phenomena from the standpoint of price
What is the relationship between economics and physical science?
There is a direct relationship between economics and physical science. As a matter of fact, economics is defined as physical science which uses various computations to analyze trends in the market.
How did Lionel c. Robbins defined the concept of economics?
Economics is a science which studies human behaviour as a relationship between ends(wants) and scarce means(resources) which have alternative uses.
