both are very good but it dependos on you
Give and explain five reasons why you would recommend the study of economics to a business student?
No, economics is the study of how people deal with the condition of scarcity with limited allocations of resources.
Economics is a study of choices exist results from unlimited wants and scarce supply. It basically explain how household, firms, government and international sectors operate in goods market, money market, resources market and treasury market. Business student basically involve with the study of management which is part of firms operation in both goods market and resources market in economics. In other words, management and business are subset to economics.
economics mainly deals with the production ,consumption,income, employment etc . thus we can say economics is the study of all economic activities say for from production to consumption.or it is study of business of life...........
Kevin Mole has written: 'Perspectives in entrepreneurship' -- subject(s): BUSINESS & ECONOMICS / New Business Enterprises, BUSINESS & ECONOMICS / Entrepreneurship, BUSINESS & ECONOMICS / Organizational Development, Study and teaching, Entrepreneurship
economics is the study of mankind in the ordinary business of life.
William NOrdhaus defined economics as the study of how individual and society choose to use scarce resources.
alfred marshall
yes, it is important to learn economics because it is also one of the main subjects as well
bisiness economics is the study of business related problems using economic techniqes like the study of market knowing the degree of competion prevailing in the market with the help of market structure techniques, the other example can be of the study of deamnd and supply forces. mostly micro econmics is regarded as business economics. it provides solution to basic problems of how to use scarce resource for unlimted wants.
in economics we study about economic activities , as we know business is not possible without economic concern like money ,financial activities so both are directly interrelatd.
It depends what you want to study, for example if you want to be a teacher I would choose Princeton. But if you want to learn about business then I would choose Yale so it all depends on what you want to study. Hope this information helps you and I hope you!!