|
Robbins
|
|
|
More
scientific and more analytical definition
|
Classificatory
definition
|
|
Economics
is only a positive science
|
Economics
is a normative science.
|
|
Economics
is related with scarce resources and choice of problem
|
Economics
deals only physical welfare.
|
|
Economics
deals with ordinary as well as extra ordinary men
|
It
deals only ordinary men
|
|
He
has emphasized on scarcity of resources and known as scarcity definition.
|
He
has emphasized wealth as source of material welfare as such as definition is
known as welfare definition.
|
Sunday, June 11, 2017
Robbins vs Marshall
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