Business Economics BBA Second Semester
Business economics is a field of applied economics that studies the organizational, market-related, and environmental issues faced by corporations and firms. Business economics encompasses subjects such as the concept of scarcity, product factors,
Business Economics (BE)
Business economics is a field of applied economics that studies the organizational, market-related, and environmental issues faced by corporations and firms.
- Subject-Wise High Quality Lectures by Experts
- Accompanying Content for Each Lecture
- Lecture-Wise Multiple Choice Questions for Each Subject
Business Economics deals with the theories of international trade. It includes the concept of market, trade and firms. In the broadest sense, economics refers to the study of the components and functions of a particular marketplace or economy such as supply and demand and the impact of the concept of scarcity. Within economics, production factors, distribution methods, and consumption are important subjects of study. Business economics focuses on the elements and factors within business operations and how they relate to the economy as a whole. This subject deals with the factor that enables people, firms and countries to do the trade. Business economics also includes the study of external economic factors and their influence on business decisions such as a change in industry regulation or a sudden price shift in raw materials. The detail of trade and related concept of trade, international trade are studied here. Business covers the concept of equilibrium and disequilibrium in the balance of payment. The foreign exchange rates
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