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"Economics is a science which studies humans behavior as a relationship between ends and scares means which have alternative uses"
1.Multiple End 2.All wants are not equally important
3.Scarce resources
(i) real resources
(ii)monetary Resources
4.Alternative of resources
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Why is Liond Robbins definition of Economics widely accepted?
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What is the definition of labor in economics?
the definition of labor and economic
Choose the best definition of economics.?
All Of These ( A+ )
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Why is Liond Robbins definition of Economics widely accepted?
why is professor[lord] Lionel C. Robbins definition of economics the most widely accepted
Why is Lionel robbins definition of economics generally accepted?
lionel robbins definition has generally been accepted because he included that it is a social science that studies "human behavior".
What are the best definition of economics?
The best definition is that by Lionel Robins, "Economics is the social sciences which studies human behavior as a relationship between ends and scare means which has alternative uses"
Lionel robbins definition of economics?
Economics is a social science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.
Explain Lionel robbins definition of economics?
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What is the definition of economics of education?
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What is the definition of economics by Robbins?
Robbins define Economics as the science which study human behaviour in relation to ends and scares means which have alternative uses.
Definition of economics by different author?
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What is the correct definition of economics?
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What are some salient features of economics according to Lionel Robbins?
There is an interesting article on Lionel Robbins in the Related Link below.
What is the object of the study of economics?
The object of economics, according to J.S. Mill, is that sphere of man's action that is involved in the pursuit of wealth. However, Lionel Robbins supplanted this definition of economic sciences by arguing that, "Economics is the science which studies human behavior as a relationship between given ends and scarce means which have alternative uses"
