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1.
The allocation of scarce resources that have alternative uses.
Everyone should have a basic understanding of economics to be an educated citizen
por Thomas Sowell 06 de Julho de 2005
 
2.
The study of choice in the face of scarcity.
Ignorant people who post idiotic definitions have scarce resources.
por Adam Smith 25 de Abril de 2005
 
3.
Economics is a social science, that is concerned with meeting 'unlimited demands with only scarce resources'. Economics relies on the assumption that everyone wants more and more money, goods and services = we are all a bunch of greedy mo' fo's. Hence the concept is accurate, and will continue to be taught in colleges everwhere for years to come. Noteable masters include the venerable Daddy G, of Peterborough fame.
A: how much are these bananas?
B: £2
A: Fine, I buy them off that illegal immigrant for £1.50

Hence the laws of Supply and Demand are and the concept of economics is satisfied.
por Whittlesey Warrior 27 de Maio de 2006
 
4.
a "science" created by a group of middle-aged, bearded men called "economists" to ensure that anything they say can never be proven wrong
Steve: Dude, you really f'd up on that predication!
Economist: Well if one looks at it from a non-inflationary enviorment, disregarding the laffer curve, then my hypothesis was in fact correct. Its Economics 101
por TheBigN2727 19 de Outubro de 2009
 
5.
The study of fufilling ones unlimited wants using the Earth's limited resources.
"It's pure economics! Since our resource of TV writers is scarce, we're stuck with crappy reality shows!"
por Xopher 20 de Abril de 2005
 
6.
Economics is the ethics of mixing resources with strangers.
There are many disagreements about what Economics thinks is fair.
por insub2 19 de Janeiro de 2013
 
7.
Economics is about creating good outcomes for human beings.

Economics isn't meant to explain everything, but it is good for establishing parameters, distinguishing relationships, identifying issues, clarifying options and providing an analytical framework.
Economics can establish criteria by which governmental decisions can be made.
por Leelo Dallas Multipass 12 de Novembro de 2005