Economics explain the movement of money in the business world. It explains why people buy and sell and other important things like supply and demand.
interface of economics to business
Erik Angner has written: 'A course in behavioral economics' -- subject(s): BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Decision-Making & Problem Solving, BUSINESS & ECONOMICS / Economics / Microeconomics, BUSINESS & ECONOMICS / Economics / Theory, Economics, Psychological aspects, PSYCHOLOGY / Industrial & Organizational Psychology
Technology: # The application of science, especially to industrial or commercial objectives. Home Economics: # The application of science, especially to industrial or commercial objectives.
The term business economics is used in different ways. Sometimes it is used synonymously with industrial economics/industrial organization, managerial economics, and economics for business.
Aims and objectives are important to a business because it gives them a 'sense of direction'- in other words, it shows a business what its goals are and what the business wants to do. There are different types of objectives businesses have and range from corporate objectives that focus on what the business wants to achieve as a whole. Financial objectives that show a business what financial position a firm aims to be in. Other objectives include marketing objectives and HR objectives.
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Financal objectives and social objectives.
Howard Nicholas has written: 'Marx's theory of price and its modern rivals' -- subject(s): Prices, Microeconomics, BUSINESS & ECONOMICS / Economics / Theory, Marxian economics, BUSINESS & ECONOMICS / Economics / Comparative, BUSINESS & ECONOMICS / Economics / Macroeconomics
Small Business Economics was created in 1989.
Explain the nature & scope of business economics.
economics relevance to business organisation
aim is objectives