Scarcity Definition of Economics - Class Script
Step 1: Warm-up / Introduction
Kal humne Welfare Definition padha tha jisme Alfred Marshall ne economics ko ek social science bataya tha
jo logon ke welfare pe focus karta hai.
Lekin kuch logon ne kaha - Bhaiya ye toh moral science jaisa ho gaya! Kya economics sirf happiness ka
subject hai? Chai piyo aur khush raho?
Isi wajah se ek naye economist aaye - Lionel Robbins. Unhone bola: 'Boss, economics ko thoda serious
banaao! Ye khushi-waali baat chhodo, asli problem toh hai scarcity.'
Aaj hum padhenge Scarcity Definition of Economics - jise Robbins ne diya tha.
Step 2: Scarcity Definition by Lionel Robbins
Definition: Economics is the science which studies human behaviour as a relationship between ends and
scarce means which have alternative uses. - Lionel Robbins (1932)
- Ends - Humari wants (chhoti se leke badi tak)
- Scarce Means - Paise, samay, resources - sab limited hai
- Alternative Uses - Ek cheez se kai kaam - jaise paisa se party bhi ho sakti hai aur tuition fees bhi bhar sakte
ho
Step 3: Funny Example (Hinglish Style)
Man lo ek student hai - Raju. Uske paas hai sirf 100 rupaye.
Ab Raju ke 'ends' kya hain?
1. Chicken roll khana hai
2. New pen lena hai
Scarcity Definition of Economics - Class Script
3. Crush ke liye gift lena hai
4. Tuition fees deni hai
Lekin paisa sirf 100 rupaye - iska matlab means are scarce.
Aur ye 100 rupaye kai kaam aa sakta hai - chicken roll ke liye bhi, tuition ke liye bhi - iska matlab means have
alternative uses.
Toh Raju kya karega? Soch samajh kar decide karega. Yahi decision making ke process ko economics
padhta hai!
Step 4: Features of Scarcity Definition
1. Unlimited Wants - Hum kabhi satisfy nahi hote
2. Limited Resources - Sab kuch limited hai
3. Alternative Uses - Ek resource se kai kaam ho sakta hai
4. Economic Problem - Kya choose karein aur kya chhod dein?
Step 5: Criticism of Scarcity Definition
1. Human welfare ka mention nahi hai
2. Ye economics ko thoda 'dry' bana deta hai
3. Sirf choice making pe zyada focus karta hai
4. Value judgement ko ignore karta hai
Step 6: Conclusion
Toh bachcho, Robbins ne bataya ki economics ka asli kaam hai choices ko samajhna - kyunki humari
chahatein zyada hain aur resources kam.
Scarcity Definition of Economics - Class Script
Toh next time jab tumhara dimaag bole - 'Crush ko gift du ya books kharidu' - samajh lena, tum economics
me ghus gaye ho!
MCQ Questions with Answers
1. Who gave the Scarcity Definition of Economics?
a) Marshall b) Adam Smith c) Lionel Robbins d) J.B. Say
Ans: c) Lionel Robbins
2. According to Robbins, economics studies the relationship between ______ and scarce means.
a) money b) ends c) welfare d) market
Ans: b) ends
3. Which of the following is NOT a feature of Robbins' definition?
a) Unlimited wants b) Scarce resources c) Welfare maximization d) Alternative uses
Ans: c) Welfare maximization
4. Scarcity means:
a) Resources are equally distributed b) Resources are unlimited
c) Resources are limited and have alternative uses d) Money is everything
Ans: c) Resources are limited and have alternative uses
5. Which problem does economics deal with according to Robbins?
a) Political problem b) Technical problem c) Economic problem d) Social problem
Ans: c) Economic problem
Scarcity Definition of Economics - Class Script
6. Robbins' definition is criticized because it ignores:
a) Unlimited wants b) Value judgments and welfare
c) Scarce resources d) Alternative uses
Ans: b) Value judgments and welfare
7. Which year did Lionel Robbins give his definition?
a) 1776 b) 1890 c) 1932 d) 1920
Ans: c) 1932
