Business Economics , also called Managerial Economics, is the application of economic theory and methodology to business. Business involves decision-making, and business economics serves as a bridge between economic theory and decision-making in the context of business. Economic theories, economic principles, economic laws, economic equations, and economic concepts are used for decision-making. On this ground, students of commerce should know the importance of basic theories in actual business applications. Hence the introduction of Business Economics becomes important to the students. Sr. No. Units Topics 1. Introduction to Business Economics Introduction to Business Economics Definition & Meaning of Business Economics Features of Business Economics Nature & Scope of Business Economics Difference Between Economics & Business Economics Business Economics and Decision Making 2. Demand Function Introduction to D
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