Harsha R ShettyinUnderstanding EconomicsThe Cost Benefit Principle And Economic SurplusIf “Scarcity Principle” was the father, then the “Cost Benefit Principle” is the mother of all theories in Economics. The principle in…Aug 25, 2014Aug 25, 2014
Harsha R ShettyinUnderstanding EconomicsThe Scarcity PrincipleAlthough we have boundless needs and wants, the resources we have are limited. So, having more of one good thing usually means having less…Aug 7, 2014Aug 7, 2014
Harsha R ShettyinUnderstanding EconomicsThinking Like An Economist“The journey of a thousand miles begins with a single step” -Lao TzuAug 7, 2014Aug 7, 2014