#Economics #Economist

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explain the sailent features function of economist and significance of managerial economics

bibin varghese 17th Jan, 2022

Answer (1)

Ayush Maurya 17th Jan, 2022

Hello there

ECONOMICS-

It deals with the body and characteristics of the principles.
It is based upon some assumptions.
In the economics the theories of distribution are studied differently.
You will be getting both positive and normative sides in the economics.

MANAGERIAL ECONOMICS-

It deals mainly with the applications of principles.
Here you will do the study of theory of project only.
This is mainly normative science. basi

These are the basic differences which I told you.

I hope it helps you!

Thank you!

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