Economics Dictionary of ArgumentsHome
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| Economics: Economics is the study of how people make choices under scarcity. It is a social science that focuses on the production, distribution, and consumption of goods and services. Economics also studies the behavior and interactions of economic agents and how economies work. See also Economy, Markets, Trade, Exchange._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Paul A. Samuelson on Economics - Dictionary of Arguments
Boudreaux I 96 Def Economics/Samuelson/Boudreaux/Holcombe: (…) the American economist Paul Samuelson (1915–2009) in his highly influential introductory textbook offered a similar definition, elaborating considerably on the nature of those choices: “Economics is the study of how men and society end up choosing, with or without the use of money, to employ scarce productive resources that could have alternative uses, to produce various commodities and distribute them for consumption, now or in the future, among various people and groups in society” (Samuelson, 1973)(1). >Economics/Buchanan. 1. Samuelson, Paul A. (1973). Economics, 9th ed. McGraw-Hill. Smith, Adam. (1776/1937). An Inquiry into the Nature and Causes of the Wealth of Nations. Modern Library Edition._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
EconSamu I Paul A. Samuelson The foundations of economic analysis Cambridge 1947 Boudreaux I Donald J. Boudreaux Randall G. Holcombe The Essential James Buchanan Vancouver: The Fraser Institute 2021 Boudreaux II Donald J. Boudreaux The Essential Hayek Vancouver: Fraser Institute 2014 |
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