What is meant by scope of economics?
The scope of business economist expends to those fields of
activity which are earned out bybusiness organisations ,business
economists is concerned with solving all problems pertaining to
business affairs.it referrs to policies of planing and development
of business .The matter of bussiness economics is classified under
the following broad heads:-
a) consumer analysis with special emphasis on demand analysis
and forecasting
b)production and cost analysis.
c)pricing decisions,policies&practice.
d)profit managament.
e)capital management.
f)decision making.