53 Views

Is business economics is different from economics honors?


zoe 18th Apr, 2019
Answer (1)
Naziba Gazal 19th Apr, 2019

Business economics is the study of the financial issues and challenges faced by the corporations. Business economics is a field in economics that deals with issues such as business organisations, management, expansion and strategy. Studies may include how and why corporation expands, the impact of entrepreneurs, the interactions between corporation and the role of government in regulation. 

Economics is a social science that studies how individuals, government,firms and nation make choices for allocations of resources to satisfy their unlimited needs.

On the basis of above definitions, an economist with a degree in economics should has a wider preparations on how individuals, government, firms and nation make choices for allocations of resources to satisfy their unlimited needs (macroeconomics) while an economist with a degree in Business Economics has a deep preparations in economics and financial issues and challenges faced by the corporation (microeconomics). 

The type of courses associated to the preparations of these type of economists are different due to the content of the courses. Degree in economics is more fundamental and economic than Degree in Business Economics.  

Related Questions

UPES Dehradun | B.Com Admissi...
Apply
Ranked #45 Among Universities in India by NIRF | 1950+ Students Placed 91% Placement, 800+ Recruiters
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
ITM Dehradun B.Com Admissions...
Apply
Approved by AICTE | Affiliated to HNB Garhwal Central University | Recruiters: Amazon, Infosys, Deloitte, HCL | Scholarships Available
UPES Online MBA
Apply
Apply for Online MBA from UPES
DBS Global University B.Com A...
Apply
Recruiters: TCS, Wipro, HCL, Infosys, Tech Mahindra etc | Scholarships available
Manipal Bengaluru B.Com 2025
Apply
Accorded Institution of Eminence by MoE, Govt. of India | NAAC A++ Grade | Ranked #4 India by NIRF 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books