Business and the economy are the fundamental building block of industries, financial services, and trade. Topics that play a role here include taxes, marketing, employment, global investments. Business should also focus on ethics and social responsibility. Many schools specialize in business. A well-educated workforce with advanced technologies are crucial in helping businesses succeed at home and abroad. Countries that invest heavily in higher education and R&D (research and development) tend to come out on top.
| Business Economics - http://www.basiceconomics.info Economics is defined as the study of how we manage our scarce resources. Microeconomics is the study of the decisions of individuals, households, and businesses in specific markets, whereas macroeconomics is the study of the overall functioning of an economy such as basic economic growth, unemployment, or inflation. |