BASIC CONCEPTS OF ECONOMICS
1-16
Introduction
Objectives
Subject Matter of Economics
Scope and Method of Economics
1.3.1 Is Economics a Positive or a Normative Science?
1.3.2 Methodology of Economics: What Economists Do and How
The Economic P...See more
roblem: Scarcity and Choice
Reading and Working with Graphs
Answers to Check Your Progress Questions
Summary
Key Words
Self Assessment Questions and Exercises
Further Readings
Answer the Question