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प्रश्न
Compare and contrast between the definitions of economics given by Marshall and Robbins.
Give Robbins’ definition of economics. How is it different from Marshall’s definition?
अंतर स्पष्ट करें
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उत्तर
| Sr No. | Aspect | Marshall’s Definition | Robbins’ Definition |
| 1. | Focus | Emphasis on material welfare. | Emphasis on human behaviour related to scarcity. |
| 2. | Subject | Study of mankind in ordinary business life concerning acquisition and use of wealth. | Study of human behavior as a relationship between ends and scarce means with alternative uses. |
| 3. | Welfare | More importance on economic (material) welfare. | Not limited to welfare; focuses on choice under scarcity. |
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