Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.


Essay on the Nature and Significance of Economic Science (1932) ch. 1, sect. 3


Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.

Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.