Sathiadhas, R (2008) Economic concepts and applications with special reference to climate change. In: Winter School on Impact of Climate Change on Indian Marine Fisheries held at CMFRI, Cochin 18.1.2008 to 7.2.2008. [Teaching Resource]
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Abstract
Economics is the social science, which examines how people choose to use limited or scarce resources in attempting to satisfy their unlimited wants. Alfred Marshall defined economics as “a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing”. Thus it is on one side a study of wealth; and on the other, and more important side, a part of the study of man. Most contemporary definitions of economics are based upon choice and scarcity. One of the earliest definitions in this category is by Lionell Robbins in 1935: “Economics is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses.”
| Item Type: | Teaching Resource |
|---|---|
| Uncontrolled Keywords: | Economic concepts; applications; climate change |
| Subjects: | Socio Economics and Extension > Fisheries Economics Marine Environment > Climate change |
| Divisions: | CMFRI-Kochi > Socio-Economic Evaluation and Technology Transfer Division Subject Area > CMFRI > CMFRI-Kochi > Socio-Economic Evaluation and Technology Transfer Division CMFRI-Kochi > Socio-Economic Evaluation and Technology Transfer Division Subject Area > CMFRI-Kochi > Socio-Economic Evaluation and Technology Transfer Division |
| Depositing User: | Users 171 not found. |
| Date Deposited: | 19 Oct 2010 04:58 |
| Last Modified: | 09 Sep 2015 15:32 |
| URI: | http://eprints.cmfri.org.in/id/eprint/5407 |
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