--%>
Assignment Help - homework help

  Samuelsons Definition

Samuelson’s Definition (Modern Definition of Economics):

Samuelson’s definition is termed as a modern statement of economics.

According to Samuelson, “Economics is a social science concerned mostly with the manner society selects to employ its resources that have alternative utilizations, to produce goods and services for current and future consumption”.

The above statement is general in nature. There are many general points in the definitions of Samuelson and Robbins.

Samuelson’s definition states us that economics is a social science and it is mostly concerned with the manner how society uses its limited resources for alternative utilizations. All this we find in the statement of Robbins. However Samuelson goes a step further and discusses how a society employs limited resources for generating goods and services for current and future consumption of different people or groups.

An interesting point that Samuelson state is that the society might or might not make utilization of money.

 

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Nature and Scope of Economics help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Nature and Scope of Economics, project ideas and tutorials. We provide email based Nature and Scope of Economics help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Nature and Scope of Economics. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of the Economics assignments, which may help you to solve your complex issues of Nature and Scope of Economics. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.