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Question

Which of these economists were of the view that economics is a positive science?

A
Lionel Robbins
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B
Alfred Marshall
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C
Both (a) and (b)
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D
Neither (a) nor (b)
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Solution

The correct option is D Lionel Robbins

Lionel Robbins was a British economist who proposed a scientifically positive definition on economics where he emphasized on making choices by the study of human behaviour from various alternative uses of the scarce resources in order to maximize the satisfaction of most of the unlimited wants in the economy by setting up a positive relationship between these wants and scarce means.


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