Question

3.
Write about the scope of economics.​

Answer 1

Answer:

• The Scope of Economics. ... The scope of economics' is a broad subject and encompasses not only its subject matter but also various other things, such as its scientific nature, its ability to pass value judgments, and to suggest solutions to practical problems.

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Answer 2

Explanation:

Economists differ in their views regarding the scope of economics. The scope of economics’ is a broad subject and encompasses not only its subject matter but also various other things, such as its scientific nature, its ability to pass value judgments, and to suggest solutions to practical problems.

By making economics a human science, Robbins has unnecessarily wid­ened the scope of the subject. Thus, in accordance with the view of Robbins, economics would also study the problem faced by Robinson Crusoe, who lives in an isolated island with no contact with the rest of the world.

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