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Business economics easy notes,reference guide,study material,education resources,articles,information for financial accounting students & professionals.

It almost covered all important topics for business economics which are given below 

Unit – 1. Introduction to Economics 

Nature, scope and limitations of Economics 
Definition – Adam Smith, Marshall and Lionel Robins 
Characteristics and classification of human wants 
Law of Diminishing marginal utility 

Unit – 2. Demand Analysis 

Law of Demand & its types 
Determination of Demand 
Demand schedule, Changes in Demand & Elasticity of Demand 
Types of Elasticity 
Cardinal and Ordinal utility 
Indifference curve analysis & Criticism of Indifference Curve 

Unit – 3. Factors of production 

Factors of production 
Theory of Production 
Economies of scale 
Cost curves 
Short run cost curves and long run cost curves 
Break even analysis 

Unit – 4. Pricing under perfect competition 

Pricing under perfect competition 
Monopoly 
Price discrimination 
Pricing in public utilities

Unit – 5. Government and business

Public enterprises 
National income


Business Economics

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