Search results
How does Merriam-Webster's Eleventh Collegiate Dictionary define economics? a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. Production involves the supply of what? Goods and services available in a society.
- Economics Definition Flashcards
the branch of economics that uses objective analysis tp find...
- Economics Definition Flashcards
Study with Quizlet and memorize flashcards containing terms like Individuals economize and respond predictably to, Which of the following is often referred to as the basic postulate of economics?, The basic task of economics is to and more.
the branch of economics that uses objective analysis tp find out how the world works. The goal is to describe how things are. The part of economics involving value judgments about what the economy should be like; focused on which economic goals and policies should be implemented; policy economics.
Study with Quizlet and memorize flashcards containing terms like How did Alfred Marshall define economics and principles of economics?, What is the meaning of the Greek word oikonomus, In previous generations, the word economy primarily referred to the management of what and more.
It’s never been easier to find and study economics flashcards made by students and teachers using Quizlet. Whether you’re reviewing material before a quiz or preparing for a major exam, we’ll help you find the economics flashcard set that you need to power up your next study session.
Study with Quizlet and memorize flashcards containing terms like Define economics, The study of economics is primarily concerned with:, What is the economizing problem? and more.
Study with Quizlet and memorize flashcards containing terms like What does it mean to say that "people economize", what does it mean to say "All choices involve cost", What does it mean when "people respond to incentives" and more.
