Robbins Principle

GPTKB entity

Statements (12)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:describes scarcity of resources
gptkbp:emphasizes choice and opportunity cost
gptkbp:focusesOn allocation of scarce resources
https://www.w3.org/2000/01/rdf-schema#label Robbins Principle
gptkbp:influenced modern economic thought
gptkbp:introducedIn 1932
gptkbp:namedAfter gptkb:Lionel_Robbins
gptkbp:publishedIn gptkb:An_Essay_on_the_Nature_and_Significance_of_Economic_Science
gptkbp:state Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses.
gptkbp:bfsParent gptkb:Report_of_the_Committee_on_Higher_Education
gptkbp:bfsLayer 7