Both Uses of
economics
in
Arrowsmith
- He was supposed to be a college graduate but he knew nothing of economics, nothing of history, nothing of music or painting.†
Chpt 16 *
- He denounced Sondelius as an aristocrat, he denounced Martin for his ignorance of economics, he denounced the waiter concerning the brandy; Sondelius and Martin and the waiter answered with vigor; and the conversation became admirable.†
Chpt 17
Definition:
-
(economics) the study of how limited resources are allocated in an attempt to satisfy unlimited wants