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    Business economics is a field that studies financial, organizational, market and environmental issues faced by corporations using economic theory and quantitative methods. It assesses factors like business organization, management, expansion and strategy. Research may examine how and why corporations expand, the impact of entrepreneurs, corporate interactions, and government regulation.

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    Business economics is a field that studies financial, organizational, market and environmental issues faced by corporations using economic theory and quantitative methods. It assesses factors like business organization, management, expansion and strategy. Research may examine how and why corporations expand, the impact of entrepreneurs, corporate interactions, and government regulation.

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    4 views1 page

    Document

    Uploaded by

    vivekk30362
    Business economics is a field that studies financial, organizational, market and environmental issues faced by corporations using economic theory and quantitative methods. It assesses factors like business organization, management, expansion and strategy. Research may examine how and why corporations expand, the impact of entrepreneurs, corporate interactions, and government regulation.

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    What Is Business Economics?

    Business economics is a field of applied economics that studies the financial,


    organizational, market-related, and environmental issues faced by corporations.

    Business economics assesses certain factors impacting corporations—business


    organization, management, expansion, and strategy—using economic theory and
    quantitative methods. Research topics in the field of business economics might include
    how and why corporations expand, the impact of entrepreneurs, interactions among
    corporations, and the role of governments in regulation.

    KEY TAKEAWAYS

    Business economics is a field of applied economics that studies the financial,


    organizational, market-related, and environmental issues faced by corporations.

    Business economics encompasses subjects such as the concept of scarcity, product


    factors, distribution, and consumption.

    Managerial economics is one important offshoot of business economics.

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