industrial economics studies
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Industrial Economics is the study of firms, industries, and markets. It looks at firms of all sizes – from local corner shops to multinational giants such as WalMart or Tesco. And it considers a whole range of industries, such as electricity generation, car production, and restaurants.
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Industrial economics is the study of competetive and monopoly conditions as they may affect market outcomes.
It is something related to large-scale bussiness .
An assesment of the field now is timely.
For a century, it has been developing a variety of concepts , research methods and estimates of functional relationships .
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