Business economics as a field in applied economics uses economic theory and quantitative methods to analyze business enterprises and the factors contributing to the diversity of organizational structures and the relationships of firms with labour, Capital and product markets. A professional focus of the journal Business Economics has been expressed as providing "practical information for people who apply economics in their jobs."
Read more about Business Economics: Subject Matter, Ambiguity in The Use of Term, Interpretations of Business Economics From Various Universities
Famous quotes containing the words business and/or economics:
“Emotions have no place in business, unless you do business with them.”
—Friedrich Dürrenmatt (1921–1990)
“There is no such thing as a free lunch.”
—Anonymous.
An axiom from economics popular in the 1960s, the words have no known source, though have been dated to the 1840s, when they were used in saloons where snacks were offered to customers. Ascribed to an Italian immigrant outside Grand Central Station, New York, in Alistair Cooke’s America (epilogue, 1973)