is business economics relevant to economics
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4
Business Economics
1)Deals with application of principle.
2) Business economics is macro in nature.
3) only the study of theory of subject.
4) it is mainly normative science.
5) Business economics is micro in character.
Economics
1)Deals with the body of principles.
2) characteristics of both micrp and macro in nature.
3)In economics different theories of distribution are studied.
4) It is both normative and positive.
5)Economics,as a branch of economics deals .
1)Deals with application of principle.
2) Business economics is macro in nature.
3) only the study of theory of subject.
4) it is mainly normative science.
5) Business economics is micro in character.
Economics
1)Deals with the body of principles.
2) characteristics of both micrp and macro in nature.
3)In economics different theories of distribution are studied.
4) It is both normative and positive.
5)Economics,as a branch of economics deals .
Answered by
6
Answer:
Business economics plays an important role in decision making in an organisation. ... Business economics helps in establishing relationships between different economic factors, such as income, profits, losses, and market structure. This helps in guiding managers in effective decision making and running the organisation.
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