User:Niroshakalloor

BUSINESS ECONOMICS

managarial economics or business economics is concerned with the application of economis rinciples and methods to the decusion making process within the firm or organisation. It seeks to establish rules and principles to facilities the attainment of the desired economic goals of management

OBJECTIVES OF BUSINESS ECONOMICS

serve as a sutable tool kit for business decision making

Incorporate useful ideas from other disciplines

Help in reaching variety of business decisions