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NATURE OF ECONOMICS

17 四月, 2015 - 11:00

Economics is a social science that studies the human behavior in consuming, producing and distributing goods and services. It recognizes that productive resources are limited, and that all people's material wants cannot be satisfied. It seeks to find the most efficient utilization of productive resources for the purpose of attaining the maximum satisfaction of human material wants. Economics usually examines problems from the point of view of a society.