Economy, asked by WILLIAMSAM2004, 9 months ago

what do you mean by economics by alfred Marshall and lionel robbins​

Answers

Answered by priyapayal0011
2

Answer:

British economist Alfred Marshall defined economics as the study of man in the ordinary business of life. Marshall argued that the subject was both the study of wealth and the study of mankind. He believed it was not a natural science such as physics or chemistry, but rather a social science.

Answered by deetya1341
2

Answer:

according to alfred marshall economics is study of mankind it examines the social and indivisual actions which are closely connected to attainment of material wellbeing.It is on one side study of man and on other side the study of wealth.

according to Robbin economics is the science which studies human behavior as a relationship between ends and scarce means, which have alternative uses.

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