Business Economics
Business economics (JEL M2) covers the economic analysis of firm behaviour and decisions.
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Scope
It includes firm objectives, decision-making, costs, and the economics of the firm's internal operations.
Sub-topics
Core questions
- How do firms make economic decisions?
- What are firms' objectives?
- How do firms manage costs and resources?
Key concepts
- Firm objectives
- Managerial economics
- Costs
- Decision-making
- Firm behaviour
Related topics
Frequently asked questions
- What is business economics?
- The application of economic theory and method to the decisions and behaviour of firms.