<Dl> <Dd> Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing . Thus it is on the one side a study of wealth; and on the other, and more important side, a part of the study of man . </Dd> </Dl> <Dd> Political Economy or Economics is a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisites of wellbeing . Thus it is on the one side a study of wealth; and on the other, and more important side, a part of the study of man . </Dd> <P> Lionel Robbins (1932) developed implications of what has been termed "(p) erhaps the most commonly accepted current definition of the subject": </P> <Dl> <Dd> Economics is a science which studies human behaviour as a relationship between ends and scarce means which have alternative uses . </Dd> </Dl>

What is the most acceptable definition of economics