they both focus on resource
byzantine empire
Behaviors of individual households and forms of local economics
How society chooses to use its limited resources
a primary product like oil or coffee.
economics
they both focus on resource
economics
byzantine empire
Micro and macro economics
Behaviors of individual households and forms of local economics
How society chooses to use its limited resources
a primary product like oil or coffee.
a primary product like oil or coffee.
Managerial economics is a branch of economics this used in conjunction with business economics. It deals with microeconomics with a focus on helping a business determine strategy and make decisions about operations, pricing, production, and risk investments.
Environmental economics is a subfield of economics that deals with environmental issues. One main focus of environmental economics is market failure. Market failure is when the markets fail to efficiently allocate resources.
Primary economic activities are those activities where natural resources are extracted from the earth. Examples of primary activities are mining, farming and fishing.