| Basic principles of Economics Contributor(s): Abraham, Akampurira (Author) |
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ISBN: 3954893339 ISBN-13: 9783954893331 Publisher: Anchor Academic Publishing OUR PRICE: $90.16 Product Type: Paperback Published: November 2014 |
| Additional Information |
| BISAC Categories: - Business & Economics |
| Physical Information: 0.26" H x 5.83" W x 8.27" (0.33 lbs) 108 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |