Question

who said economics is the logic of choice​

Answer 1

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Explanation:

The discipline was renamed in the late 19th century, primarily due to Alfred Marshall, from "political economy" to "economics" as a shorter term for "economic science".

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Answer 2

Answer:

The correct answer to this question is Paul Samuelson.

Explanation:

Given - The logic of choice​.

To Find - who said economics is the logic of choice​?

Key Learnings. One of the most significant economists of the 20th century, Paul Samuelson won the Nobel Prize in 1970.

The belief that there are alternatives and that we have the opportunity to choose amongst them is propagated through the logic of choice. Additionally, it emphasizes the idea of freedom of choice. The choice is the capacity of a producer or customer to select an item, service, or resource from a variety of available possibilities. Being able to make your own decisions is viewed as a crucial sign of economic prosperity and growth.

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