Reasons for the confusion about the relationship between
economics and business:
- Many economics departments are located in business schools.
- Many economists are employed by businesses in a variety of capacities.
- Because businesses account for much economic activity, economists study all aspects
- Most of the areas studied by economists provide insights that
are useful in business.
- Much of the language used by business is "borrowed" from economics.
- Popular movies and TV shows further the confusion.
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