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What is Economics?

Elijah Consulting Forums Basic Economics What is Economics?

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    • #14486
      Elijah Lim
      Keymaster

      A discussion on Chapter 1 of the book “Basic Economics” by Thomas Sowell.

    • #14489
      Elijah Lim
      Keymaster

      “Economics is the study of the use of scarce resources which have alternative uses.”

      What do you understand by this statement?

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