Economics studies how man interacts with the environment transforming scarce resources into products that enrich life.
The heart of economic growth is the allocation of scarce resources toward the most valuable uses.
It must compete for scarce resources with the economy's need for food, shelter and myriad alternatives.
It is quite right to ensure that we don't squander scarce resources in delivering public services.
As health diminishes, costs will rise, and scarce resources will be run through more quickly.
And Mr Blunkett's successors have channelled scarce resources into glitzy infrastructure rather than local services.
Recovering economies have bid up scarce resources lifting commodities to a two-year high recently.
Maintaining the heavy fortifications along the Indo-Pakistan border is an enormous drain on scarce resources.
We should unearth the facts before we waste scarce resources to remedy imagined shortcomings.
Credit and lending is simply a mechanism to efficient allocate scarce resources to productive sources.
That can seem especially challenging in small towns, which have scarce resources and limited alternatives.
However, the film distributors would have been better off had they assigned their scarce resources differently.
This book said economic growth could not go on forever because of scarce resources.
State politics ends up as a perennial battle between squabbling regions for scarce resources.
Violent competition over scarce resources may erupt with or between emerging superpowers, such as China and India.
With fewer people trying to buy up the scarce resources of society the rate of inflation will slow.
We do not need nor want politicians trying to write rules to make scarce resources used more sparingly.
Right now there is little competition for the scarce resources of society, especially are primary resource which is workers.
If the dismal science is essentially about how to use scarce resources efficiently, this is indeed economics in action.
As China's consumer class grows, already-scarce resources like water and petroleum may soon buckle under all of this shopping.
This is not known as a notably efficient method of allocating scarce resources.
He is expected to reform the public universities while making fewer public complaints than his predecessor about scarce resources.
Concentrating scarce resources on pregnant women thus makes a great deal of sense.
The most basic economic cost of any regulation is that scarce resources like labor must be used in compliance efforts.
Economics is the study of how we transform scarce resources into products that best satisfy our unlimited wants and needs.
Should the SEC and law enforcement be expending scarce resources to move from black and white to shades of gray?
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What is far more important is how they work with scarce resources, with ambition and with eagerness to learn from one other.
They reckon that closures of some hospitals, with a consequent pooling of scarce resources, would enable those left to provide better care.
They operate in similar terrains, where they need to effectively manage their scarce resources and deliver value to their customers and other stakeholders.
She shared information about federal grants awarded to AANAPISIs and encouraged the schools to think creatively about finding similar opportunities amid scarce resources.
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