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classification of economics

1-Applied economics

2-Theoretical economics

i)Welfare economics

ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)

Q: What are the classifications of economics?

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classification of economics

1-Applied economics

2-Theoretical economics

i)Welfare economics

ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)

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classification of economics

1-Applied economics

2-Theoretical economics

i)Welfare economics

ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)

View page

Explain Managerial economics is economics applied in decision making?

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Applied Economics Research Centre was created in 1973.

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there is no difference between them. In both cources , you have to study the same things. applied economics includes some more study than general economics.

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