CHaOTic: What is the diffrence between economics and business economics?
i am studying correspondance and i have to do both subjects this semester for my finance degree. I have seen the textbooks and found business economics to be harder with more maths. These are both subjects for this semester only. Can you please tell me which one is harder? Also my cousin is doing business management and has two economics classes economics a- microeconomics and economics b – macroeconomics .how come she has two classes and i only have one economic class.
Answers and Views:
Answer by msoexpert
I have degrees in economics and finance and have taught the two subjects too on the college level. Now depending upon the individual school, things like the amount of math involved, difficulty level, analysis required, etc can vary. For examole, I can tell you that there is lots of math involved with the economics classes we offer. And we separate out micro and macro in to two different classes. I’ve taught at other places where we did it as one course.
In other words, economics is divided into two different areas: micro and macro. And some places do two separate classes with each focusing on just the one area of economics. Other places teach one class that covers a mix of the two. I’ve taught in both environments. And both can be equally difficult in terms of the amount of material that’s covered, how much math is involved, case studies, etc.
So it’s not a matter of which one is harder. For some students, both are hard. For others, macro is the harder. And for some, micro is the harder. So it varies from student-to-student. The only thing you need to focus on is whether or not you need to take just a general economics class, which generally is a mix of micro and macro so you get exposure to both areas of econ. Or if you need to actually take two separate classes, with one focusing on micro and the other concentrating on macro. Where I teach, students need to take both micro and macro.
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