What is the definition of economics as given by Prof. J.K. Mehta?
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Explanation:
Mehta has defined Economics, “as a science which studies human behaviour as a means to the end of want lessness”. Human behaviour is the subject matter of the science of Economics. It is generally the result of a state of disequilibrium of human mind. Disequilibrium is due to more pain than pleasure.
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Explanation:
prof.j.k Mehta has defined Economics, “as a science which studies human behaviour as a means to the end of want lessness”.
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