Business economics chapter 1 notes

The first chapter of this subject is Macroeconomics.
It teaches about the national interest, national income, and accounting and considers the country as one.
This chapter focuses on employment and the enhancement of the economy of a country.

Business economic study: - Business organisation - Management - Expansion - Strategy - Financial, market-related, social and environmental issues. Business

What is Economics Chapter 1?

Chapter 1 Economics: the social science that studies the choices that individuals, businesses, governments, and entire societies make as they cope with scarcity(our inability to get everything we want) and the incentives(a reward that encourages an action or a penalty that discourages an action) that influence and help male those choices

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