Question

analysis.
7. The scope of business economics covers all major aspects of
1. Macroeconomics
2. Micro economics
3. International economics
4. Indian economy​

Answer 1

I think it's 4 , Indian economy

Answer 2

The scope of business economics covers all major aspects of both Micro and Macro economics.

• Microeconomics implies that internal or organisational problems are problems that occur within an organisation and are under management's control.
• Analyzing this is within the framework of market economics. In addition, a few examples of such problems are company choice, enterprise size, product designs, pricing, sales promotion, technology choice, etc.
• External or environmental variables have a measurable effect on a company's results. These include -

1. Economic system  type
2. Business cycle stage
3. Trends in national income, employment, prices, saving, and investment.
4. Economic policies of government
5. Financial sector and capital market  performance.