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Title: The great English economist Lionel Robbins Become Exceptional/tutorialoutletdotcom - PowerPoint PPT Presentation
Description: FOR MORE CLASSES VISIT www.tutorialoutlet.com The great English economist Lionel Robbins defined economics as "Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses." This means that economists looks at our limited resources - like money, time, energy, intelligence etc. - and how we decide what the best choices are for how to use them, with the goal of maximizing the benefits. As you can see, this opens up almost all of human activity to study by economics. – PowerPoint PPT presentation
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