Embedded Files
In the words of famous economists, Economics is...
In the words of famous economists, Economics is...
Adam Smith
Copyright Wikimedia CommonsAdam Smith
“an inquiry into the nature and cause of the wealth of nations.” Adam Smith (1776)
Lionel Robbins
Copyright Flickr's The CommonLionel Robbins
“the science which studies human behaviour as a relationship between the ends and scarce means which have alternative uses.” Lionel Robbins (1935)
2020-HSS Alive -Subject talk.pptx What is Economics?
What is Economics?
Refer to the powerpoint slides to find out more!
Economics is a social science that studies the decision making of economic agents and their behaviour regarding the allocation of scarce resources in society.
Introduction to Economics
Introduction to Economics
Watch the video on introduction to Economics!
Watch the video on introduction to Economics!
What is Macroeconomics?
Macroeconomics can be defined as the study of the economy as a whole, focusing on aggregate characteristics and economy-wide factors such as interest rates, inflation, growth and unemployment at the national level.
What is Microeconomics?
Microeconomics can be defined as the study of the economic behaviour of individuals and firms in different markets, such as the markets for cupcakes, petrol and smartphones.
Page updated
Report abuse