Economics perspective Discussion

Discussion 1

How does economics perspective or economic way of thinking relate to purposeful behavior, rational self-interest and marginal analysis?

Response to this students

Economic perspective relates to purposeful behavior, rational self-interest and marginal analysis because it is viewpoint that envisions individuals and institutions making rational decisions by comparing the marginal benefits and marginal costs associated with their actions.

 

Last Updated on February 10, 2019 by EssayPro