Tuesday, September 29, 2009
Introduction
What do we really know about the term economic? Economic understands the behavior and the act of human,like us.Each and everyone of us have different behavior. It comes to a point where we think when we consume.For example, when you only have a 10 pound in your wallet, and you have to decide whether to spend it on having lunch or buying a book? From here, we cannot have both lunch and buying a book at the same time. We tend to choose which choices satisfy us to the most. The popular definition of economic is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses. Ends here refers to unlimited wants.
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