what is Marshall defination in economic
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Welfare definition of economics. ... "Political Economy orEconomics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of material requisites of well-being".
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here is your answer!!
Welfare definition of economics. ... "Political Economy orEconomics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of material requisites of well-being".
hope it helps
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what are it's features
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