Economics
is the social science that analyses how people interact with things of value;
in particular, the production, distribution, and consumption of goods and
services. Economics concentrates on the behavior and interactions of economic
factors and how economies work. For a better understanding, the subject and
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Branches of economics homework help
Microeconomics
It is the different type of economics that
deals with economic movement at a smaller level which simply includes the study
of the role of individuals and firms in making decisions about the lack of
sources and sustainable development.
Macroeconomics
Deals
with economic movement at a higher level which involves large scale economic
factors like interest rates and national productivity of the economy as a
whole.
Managerial
It
is a union of economic theory with industry practices making management-related
plans easier. It trades with theories, tools, and economic concepts to solve
practical problems in a business.
Business economics
Also
called managerial economics which is a field of applied economics that considers
the environment, financial, market related, organizational problems faced by
the cooperation.
Advanced econometrics is
a measure of economics used in statistics and mathematics to explain the
economic theory and promote the economic model.
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