1.2.1. The Focus of an Economist.

D.1. The Focus of an Economist: The focus and narrowed scope of Economics, the rivet of an Economist, is the set of consequences for our actions, or behaviours, due to the contradiction between given set of scarce-substitutable means, and given set of multiple ends. (from 1.1.1.)

E.1. A study of determinants of means, or determinants of ends, falls outside boundaries of economic science. Hence, any question such as why do we prefer something, why do we have such and such means at our disposal etc etc are all questions of other disciplines, and not of economics. This may be the task of psychology, sociology, biology, history etc. Our narrow task as economists is to study the implications for an individual's behavior of the given set of means which are not fully permissive of simultaneous gratification of all their given ends.

D.2. Given Data: It follows from E.1. that economics treats information about means and ends as Given Data.

Reference: Chapter 02 of Robbins, L. (2007). An essay on the nature and significance of economic science.

Brainstorming: What is Importance of Attention Direction?

Brainstorming: What is Importance of Attention Direction? Notes: It is useful for every apprentice to brainstorm and organize their ideas on important topics. This helps recall, and also discover logical gaps, or other weaknesses. I have attempted to do the same here. You may use it to develop your own diagram to organize and refine your own thoughts around the question in the title. See Project Concept Maps (Slide on Concept Maps) for understanding how these diagrams were made. You may download the picture to see it full size (Left Click on the picture, and select Save As.)

2.1.0. Primacy of the Need Satiation.

D.1. Primacy of the Need Satiation: All humans strive for satiation of their Needs, and this forms the primary cause of all the variations in an Economy. Axiomatic Derivation: 1. All Humans have Needs (See Need for concept details). 2. All self aware organisms are aware of their Needs, and consequences of thwarting these Needs. 3. All self aware organisms are also organisms who wish to secure their existence . 4. All self aware organisms, following 2 and 3, strive for satiation of their Needs. 5. Humans are self aware organisms. 6. Humans being self aware strive for satiation of their Needs. 7. The sum of all such strives by various individuals form an Economy, or Market. 8. Alternatively, strive for satiation of the human needs forms the principle cause of all the variations in an Economy. 9. NOTE: For an elaboration of this, an explanation below shall be appended soon.

Brainstorming: What is Economics?

Brainstorming: What is Economics? Notes: It is useful for every apprentice to brainstorm and organize their ideas on important topics. This helps recall, and also discover logical gaps, or other weaknesses. I have attempted to do the same here. You may use it to develop your own diagram to organize and refine your own thoughts around the question in the title. See Project Concept Maps (Slide on Concept Maps) for understanding how these diagrams were made. You may download the picture to see it full size (Left Click on the picture, and select Save As.)

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