What is managerial economics and management? Define microeconomics and macroeconomics. What is a comprehensive definition of economics? In economics what is the meaning of macro-economics? What is the nature of managerial economics? Managerial economics is economics that is applied in decision making. ...
An economy is an area where people with similar believes, language, a single government, and so on live together and do economic activities. The form of an economy is explained by the features of its market, such as free-market, controlled market, and so on....