Basic principles of Economics

Economics can be defined as the study how scarce resources can be used to satisfy human wants or needs. Economics is a discipline which studies man's endeavor to satisfy his unlimited wants out of the given scarce resources. Economics deals with how people allocate finite resources. There is a tendency to act by fulfilling their own interests that result into selfishness, greed among other undesirable traits. In a bid to satisfy his needs, man tries to allocate resources in an efficient manner.

The author is a Ugandan working in the Ministry of education as a deputy head teacher at Kigezi High School. He holds a doctorate degree in Development Studies, a Master Degree in Educational management and a Bachelor Degree in Economics (ECON 3.1.1).Also holds a diploma in education of Kyambogo Univerity in Uganda

Verwandte Artikel

Basic principles of Economics Abraham, Akampurira

44,99 €*

Weitere Produkte vom selben Autor

Download
PDF
Download
PDF
Microeconomics: An Aspect of Development Akampurira Abraham

24,99 €*
Download
PDF
Akampurira Abraham: My LIFE and Work Akampurira Abraham

34,99 €*
Download
PDF/ePUB