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Forum: Economics

02-03-2010, 09:42 AM

Replies: 1

Different Definitions of Economics: Assignment No:1

Views: 7,963

Posted By .BZU.

Re: Different Definitions of Economics: Assignment No:1

1- "Economics is the study of how individuals and groups make decisions with limited resources as to best satisfy their wants, needs, and desires".

2- Economics is usually defined as the problem...

Forum: Economics

28-02-2010, 02:05 AM

Replies: 1

Different Definitions of Economics: Assignment No:1

Views: 7,963

Posted By .BZU.

Different Definitions of Economics: Assignment No:1

Paul Samuelson: Nobel laureate in Economics in 1970, defines economics as the study of how a person or society meets its unlimited needs and wants through the effective allocation of resources.

...

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