Economy, asked by ADSINGH8212, 1 year ago

Discuss briefly the subject matter and nature of economics

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Discuss briefly the subject matter and nature of economics

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Therefore, the subject matter of economics is the study of nature and causes of the wealth of nation. ... The economists, L.Robbins considered economics as a modern or scarcity and choice definition. Therefore, the subject matter of economics is the study of human behavior as a relationship between ends and scarce means.

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