Economy, asked by chaitanyashree7488, 3 months ago

brief of the modern definitions
 The ROBBINS AND SAMULSONS DEFINITIONS
 Superiority of THE SAMUELSON’S DEFINITION
 Main features of both definitions
How these concepts are used in explaining the central problems

Answers

Answered by ranamotars77
0

Answer:

In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses” (Robbins, 1935, p.

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