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| Economics |
Economics is the hardest subject for me. I didn't attend part-II final exam in the subject cause of my ignorance. And ignorance cause of my laziness, laziness cause of my basics lacking. But it's funny that now I'm gonna discuss with you about economics. How funny post is that! isn't it?
Whatever, it does not matter. Now I'm fully confident that I've some knowledge about "Economics". So, let me introduce you about economics. What is the definition of "Economics"?
"Economics means the practical science of production and distribution of wealth"- Concise of Oxford Dictionary.
L. Robins said, - "Economics is a science which studies human behavior as a relationship between ends and scanee means which have alternative uses "
"Economics is the study of how men and society choose, with or without the use of money, to employ scarce productive resources which could have alternative uses, to produce various commodities over time and distribute them for consumptions now and in the future among various people and groups of society. " - Economist Samuelson.
