Question:

Define economics and explain?

by  |  earlier

0 LIKES UnLike

Define economics and explain?

 Tags:

   Report

3 ANSWERS


  1. I can still remember on the first lecture, my Macroeconomic professor told us: 'Economics, is the study of the allocation of scarce and limited resources, to fulfill humans' unlimited wants'


  2. A COIN AND A BREAD--  HOW TO TRANSACT WITHOUT SACRIFICING  BOTH

  3. I define economics as study of nature, composition, laws, properties and classification of wealth. In simple words I call it as chemistry of wealth. I love to study wealth the way chemist studies matter.

    In my opinion economics is a pure material science. I know that my views are not palatable to economists.

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions