The different between them is that the word economics and economic.
management is a part of economic
Statics is a branch of mathematics concerned with the analysis of loads or physical systems in equilibrium. Comparative static analysis is a branch of economics that compares two different economic outcomes, before and after a change of some kind in an outside parameter.
Distinguish between economics activities and economics system
Positive Economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
Positive economics is the branch of economics that concerns the description and explanation of economic phenomena. Normative economics is the study of economics that attempts to determine the desirability of different economic conditions.
what is difference between msc economics and ma economics
difference between economics and managerial economics
Keynesians say that government should interven in economic activities where as classical say not too
Difference between economics & managerial economics 1) Managerial Economics is micro in character Pure Economics is both micro and macro in character 2) Managerial Economics study only practical application of the Economic principle to the problem of firm Pure Economics deals with the study of principles itself 3) Managerial Economics deals with the Economic problems of the firm while Pure Economics deals with Economic problems of both firm and individuals 4) Managerial Economics deals with profit theory only Pure Economics deals with all distribution theories like rent, wages, interests, and profits.
economics are made of cheaper material
Normative Economics is the branch of economic analysis that makes prescriptions about the way the economy should work. Positive Economics is the branch of economic analysis that describes the way the economy actually works. Thanks To Louguens Charles
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