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Economics & Its Analytical Views
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Economics is derived from which Greek word?
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onamikia
omino
Oikonomia
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Study of economics helps us to develop which type of approach?
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Analytic Approach
Pragmatic Approach
Critical Approach
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What is the characteristic of human wants?
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limited
unlimited
scarce
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How resources are efficiently used?
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allocated as per need
allocated as per satisfaction
allocated to their highest values
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How economics helps us?
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by ensuring all problems are properly tackled
by ensuring manager takes correct decision
to examine the problem in the right prespective
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