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be clear abt the defination of economics! dont answer "prayer"! u use up ur time in that...and time is scarce RESOURCE...and economics is about unlimited wants and scarce resources!! similarly...dont say "sleep" becoz, it gives u contentment, hapiness and satisfaction and again...economcs is abt satisfying ur needs and gaining contentment!
this is a brain teaser given to us by our professor...help me out people!!

2007-01-08 22:10:23 · 4 answers · asked by is it me? 2 in Social Science Economics

4 answers

OK lazy guy. First, you have to understand the meaning of the word Economics. The epistemology (science that studies the nature and scope of knowledge and belief) says that the word "economics" derivates from the Greek words οἶκος [oikos], meaning "house, temple, hall, camp, nest" and νόμος [nomos], or "custom, law, convention" and hence literally means "rules of the household". Then, economic analysis focuses on decision making, and has been applied to various fields where people are faced with alternatives – education, marriage, health, law, crime, war, and religion.
An extreme example is your soul. It’s not a tradable good, but it satisfies your need for spiritual realization. Being time a scarce resource, when you use your time to satisfy that need, you made a allocational choice. This is, you chose not to use that same time, in other activities, such as work, because that results in a greater satisfaction for you. As so economics it’s related to all human (or group) activity.

2007-01-08 22:45:35 · answer #1 · answered by Pedro A 2 · 0 0

those come to thoughts - oblique sources: "field of desires" has human beings being led by visions, being given training by supernatural whispers etc. and taking a step of religion. "Chronicles of Narnia" parallels Christian redemption. "Lord of the earrings Trilogy" has demonic-variety characters and is a classic conflict between strong and evil. It shows the weak point and frailty of mankind besides because the skill of mankind to be useful even as believing in a reason more suitable than self. Direct sources Any video clips contained in the "Left behind" series starring Kirk Cameron -be particular to commence with the first one. "Lilies of the field" - 1965 starring Sidney Poitier

2016-12-02 01:09:54 · answer #2 · answered by kobielnik 3 · 0 0

watching the first moon landing on tv

2007-01-08 22:39:01 · answer #3 · answered by kimht 6 · 0 0

anything you do uses time so this question is a trick

2007-01-12 17:28:33 · answer #4 · answered by eazye42 2 · 0 0

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