Robins after
Marshalls definition of economics give his own definition of economics. Robins
claim that my definition is superior that the earlier definition. It does not
suffer from any the defect from which earlier definition was suffered. Robin’s
give his own definition of economic “economic is a science which studies human
behavior as a relationship between multiple ends and scare resources which have
alternative uses”.
This
definition clearly shows that economic
is a scarcity and choices. To elaborate this definition we explain the
following points of the definition.
1.
Human wants are unlimited:
Human wants are unlimited
which means that they are never come to an end. When one want is satisfied
another arises and so on. All human beings are always after their wants to
satisfy them, but they can never satisfy them. They multiply and sub multiply
with the passage of time.
2.
Resource are limited:
The resources available
for the satisfaction of limited wants are strickly limited. Therefore a
consumer must behave rationally while spending the same resource on unlimited
wants.
3.
Wants are different in importance:
Although human wants are
unlimited but they are not equality important. Some of them are more important
and some are less important. Therefore a rational consumer should at first
satisfy those want are more important over those which are less important.
4.
Alternative use of resources:
The resources are some,
but they can be used alternatively. We can put the resource for the fulfillment
of so many of our wants. Suppose a student has RS, 100 with this amount of
money the can buy a book or pen and so many of other commodities, he cannot buy
all those things for TS 100. This means that he can satisfy one want as an
alternative to the rest of the other wants.
5.
The existence of an economic problem:
The definition of
economics gives by robins highlights the existence of economic problem. This
mean that an economic problem exist when the above tour conditions exist
simultaneously i.e. an economic problem exist when human wants are unlimited,
they are not say that equally important. Resources are limited and they are
used as alternative way. Thus we can say that economic problem is the problem
of choice. A so is the problem of scarcity as well. If any one of these four
conditions is not present economic problem we not exist.
Criticism of Robin’s definition:
1.
Economics not a pure science:
Robins has raised the
status of economics he that a pure science. But it is a social science. It
deals with the behavior of human long. In pure science. Whatever is stated
today will absolutely be true even two centuries later. Two molecules of
hydrogen and oxygen will always make water. But as far as human behavior is
concerned it is concerned it keeps on changing from time to time. More ever,
there so laboratory to test the human behavior as physics and chemistry. Thus
economics cannot be eaten with pure science.
2.
Too much widened the scope of economics:
Robin’s definition much
widened the scope of economics. This definition complete us to study unsocial
activated mankind like smugglers, corrupts people etc, because they also have
unlimited was and limited resources. So robins unnecessarily widened the scope
of economics.
3.
No mention mans welfare:
Robins ignore human
welfare. But the fact is that we should study all those activities which
promote his welfare, and should exclude that activity which does not promote
human welfare. E.g. according to robins a society can produce anything which is
necessitate to satisfy human needs. But there is no justification for
the growing of heroin, alcoholic drink are these goods and services which
disrupt the whole social setup. Thus a robin has separated welfare.
4.
Resource are limited:
Robins says the resources
of all kind are limited. But in the production sector of the third world
countries. We find that human resources in the form of labour are not limited.
5.
Meaningless definition:
Sometimes robins’ definitions prove
meaningless. The relation between wants and resources does not clear a resource
may become want and want may become a resource. E.g. if a person want to build
a shopping plaza is his want (desire) and the resource are the bricks, cement
and labour etc. but when its construction is completed and the building is
rented, then the same want convert into a resource for earning of wealth.
thanks a lot
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ReplyDeletehey want some more notes on robbins definition ==> critics of robbins definiton
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