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Basic Principles of Economics
Akampurira Abraham
Basic Principles of Economics
Akampurira Abraham
Economics can be defined as the study how scarce resources can be used to satisfy human wants or needs. Economics is a discipline which studies man's endeavor to satisfy his unlimited wants out of the given scarce resources. Economics deals with how people allocate finite resources. There is a tendency to act by fulfilling their own interests that result into selfishness, greed among other undesirable traits. In a bid to satisfy his needs, man tries to allocate resources in an efficient manner.
Media | Books Paperback Book (Book with soft cover and glued back) |
Released | November 20, 2014 |
ISBN13 | 9783954893331 |
Publishers | Anchor Academic Publishing |
Pages | 108 |
Dimensions | 7 × 148 × 210 mm · 149 g |
Language | English |