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Introduction Principles of Economics Faculty of Business and Economics, The IIPM, New Delhi Fundamentals of Economics “The Age of Chivalry is gone; that of sophisters,…

Technology Concepts in economics

1. CONCEPTS IN ECONOMICS 2. Definition Definition of the subject comes from the economist Lionel Robbins, who said in 1935 that "Economics is a social science…

Documents Principles of Microeconomics & Principles of Macroeconomics: Ch.1 Second Canadian Edition Chapter 1....

Slide 1Principles of Microeconomics & Principles of Macroeconomics: Ch.1 Second Canadian Edition Chapter 1 Ten Principles of Economics © 2002 by Nelson, a division of…

Documents POST GRADUATE DIPLOMA IN BUSINESS MANAGEMENT November 2013 Lesson 1.

Slide 1 POST GRADUATE DIPLOMA IN BUSINESS MANAGEMENT November 2013 Lesson 1 Slide 2 WHAT IS ECONOMICS? Economics is the study of how society managed its scare resources.…