Who defined “Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses” ?
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1 mark, −0.33MacroeconomicsSchools of economic thought and methodologyMarginalist and neoclassical thoughtEasyabout 1 min
UoH 2019 Question 69: 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 2019 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.