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Economics is the study of resource allocation, distribution and consumption, of capital and investment, and of management of the factors of production.

Economics is generally understood to concern behavior that, given the scarcity of means, arises to achieve certain ends. Economic theory is concerned with commercial activities such as the production and consumption of goods.

Macroeconomics is the branch of economics that studies the overall working of a national economy.

Microeconomics, also called managerial economics, is the branch of economics that studies the economy of consumers or households or individual firms.


General Economics


Managerial Economics

Managerial economics is a branch of economics that applies microeconomic analysis to specific business decisions. Managerial economics bridges economic theory and economics in practice. It draws heavily from quantitative techniques such as regression, correlation, and calculus. If there is a unifying theme that runs through most of managerial economics it is the attempt to optimize business decisions given the firm's objectives and given constraints imposed by scarcity.

Mathematics of Economics

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Production Decisions

Investment Decisions

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