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What is Economics?

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What is Economics?

Posted by Shyam Sunder 8 years, 1 month ago

CBSE > Class 11 > Economics

4 answers

Vanshita Manaktala 8 years, 1 month ago

Economics is a social science concerned with the production, distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs

Arun Mishra 8 years, 1 month ago

Economics is all about making choices in the presence of scarcity.

Mritunjai Shukla 8 years, 1 month ago

According to Alfred Marshall,Economics is the study of mankind in the ordinary business of life.

Ritaba Nadeem 8 years, 1 month ago

Economics is the science of wealth

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