1 Flashcards
1
Q
economics
A
the study of people and choices
2
Q
alfred marsh
A
“a study of man in the ordinary business of life. It enquires how he gets his income and how he uses it. Thus it is on the one side the study of wealth and on the other and more important side, a part of the study of man”
3
Q
incentives
A
a set of external motivators that influence peoples choices
