Economics for the construction and property industries

It is fair to say that the subject matter of economics is of interest to everyone, because fundamentally economics is concerned with how people satisfy their material (and some non-material) wants. As people's wants are virtually unlimited, but available resources are in limited supply, so it m...

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Bibliographic Details
Main Author: Ruddock, Leslie 1950- (Author)
Format: Book
Language:English
Published: Stockport Polytech 1983
©1983
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Summary:It is fair to say that the subject matter of economics is of interest to everyone, because fundamentally economics is concerned with how people satisfy their material (and some non-material) wants. As people's wants are virtually unlimited, but available resources are in limited supply, so it means that people are forced to economise. They must make the most of what they have and use these scarce resources to the greatest advantage. Economic problems arise as the individual or the community has to make the most efficient use of its limited resources and is confronted with the problem of choice. Economics is accordingly concerned with the arrangements that are made for the use of scarce resources
Item Description:Includes index
Physical Description:152 pages illustrations 23 cm
ISBN:0855050691
9780855050696