What is Economics?

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- 17 Feb 2021 at 1236 #14486
  
  Elijah Lim
  Keymaster
  
  A discussion on Chapter 1 of the book “Basic Economics” by Thomas Sowell.
- 17 Feb 2021 at 1239 #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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