Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts

Tuesday, November 21, 2017

Economics as a study discipline

Economics is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. Says Merriam-Webster Online Dictionary.  

Economics is a social sciences it’s the study of methodologies people uses to select resources. Been written and studied since centuries huge number of books are available today for study of economics. Let’s see definition of economics from some world-class authors; do not confuse authors with the Karl marks who is the synonymous to economics in the same fashion as Alfred Nobel is to Chemistry. Here goes what different author says about this social science-

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