Question

managerial economics vs business economics in Managerial Economic with in column​

Answer 1

Answer:

The traditional Economics has both micro and macro aspects whereas Managerial Economics is essentially micro in character. ... Managerial Economics studies the activities of an individual firm or unit. Its analysis of problems is micro in nature, whereas Economics analyzes problems both from micro and macro point of views.

Explanation:

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Answer 2

Answer:

Economics deals mainly with the theoretical aspect only whereas Managerial Economics deals with the practical aspect. Managerial Economics studies the activities of an individual firm or unit. Its analysis of problems is micro in nature, whereas Economics analyzes problems both from micro and macro point of views.

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