Microeconomics a branch of economics concerned with the study of the behaviour of consumers and firms and the determination of market prices and quantities transacted of factor inputs and goods and services. Microeconomics analysis investigates how scare economic resources are allocated between alternative ends and seeks to identify the strategic determinants of an optimally efficient use of resources.
Macroeconomics a branch of economics concerned with the study of aggregate economic activity. Macroeconomic analysis investigates how the economy as a whole works and seeks to identify strategic determinants of the levels of national income and output, employment and prices.
Engineering Economics is the application of economic techniques to the evaluation of design and engineering alternatives. Assessment of the appropriateness of a given project, estimation of project value, and provide justification for the project.
Globalization the study of globalization in several diverse forms of world-wide economic, political, cultural, and social interconnections.
Business Economics applied economics using economic theory and quantitative methods to analyze business enterprises and factors contributing to the diversity of organizational structures and relationships of firms with labour, capital, and product markets. Business economics is concerned with economic issues and problems related to business organization, management, and strategy
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