BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Economics is the study of how things are made, moved around, and used. It looks at how people, businesses, governments, and countries choose to use their resources.

Detailed explanation-2: -Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.

Detailed explanation-3: -The Monetary Economics Program studies the conduct and effects of monetary policy, including its impact on interest rates and inflation, and the consequences of policy actions by central banks. It also considers macroeconomic forces that impinge on central bank decision-making.

Detailed explanation-4: -Definition: Microeconomics is the study of individuals, households and firms’ behavior in decision making and allocation of resources. It generally applies to markets of goods and services and deals with individual and economic issues.

Detailed explanation-5: -economics. the study of how individuals and societies choose to allocate scarce resources.