The economist who defined economics as a science studying human behavior as a relation between 'ends and scarce means' was:
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1 mark, −0.33MacroeconomicsSchools of economic thought and methodologyMarginalist and neoclassical thoughtEasyabout 1 min
UoH 2014 Question 34: Schools of economic thought and methodology
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Schools of economic thought and methodology has come up 67 times in 5 exams since 2011.
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This question is on Marginalist and neoclassical thought, part of Schools of economic thought and methodology in Macroeconomics.
The shift to marginal analysis and how economics was defined as the study of scarcity.
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Question from the UoH 2014 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.