Business Economics

Business economics is a specific field within the large world of economics, as opposed to plain old micro and macroeconomics.

Companies of all types are carefully analyzed with theories and calculations in regard to labor, finances, markets, and products. A business economist might spend his day studying entrepreneurs...why some make it and some don’t. Others evaluate the positive and negative effects government regulations have on businesses. Or...what will happen when all the baby boomers retire and there won’t be enough employees to take their place? What will be the result of a trade war with China? A business economist can tell you.