“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.”
Lionel Robbins, An Essay on the Nature and Significance of Economic Science, London McMillan, 1932
Definitions of Economics, Quotes
“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.”
Lionel Robbins, An Essay on the Nature and Significance of Economic Science, London McMillan, 1932