Question

What is the difference between business economics & managerial economics?

Answer 1

the main difference between the branches of economics is that traditional economics is primitive and used in underdeveloped and less technological advances economics , where as managerial economics is a result of globalization and evolution of economics to include managerial decision making

Answer 2

Business economics is a field in applied economics in which quantitative methods and economic theory to analyze business enterprises. ... Managerial economics is the field of economics that deals with the economic concepts and analysis of problems that are required to formulate rational managerial decisions