· Microeconomics
Microeconomics is a branch of economics that studies the behavior of how the individual modern household and firms construct options to allocate limited resources. Typically, it applies to markets where solutions or products are being traded in. Microeconomics investigates how these options and habits affect the supply and demand for products or solutions, which decides costs, and how costs, in turn, determine the amount supplied and amount required of products and services
· Macroeconomics
Macroeconomics is a division of overall costs interacting with the efficiency, framework, conduct, and decision-making of the whole economic climate. This has a nationwide, local, or international economic climate. With microeconomics, macroeconomics is one of the two most general job areas in overall costs.
· Heterodox Economics
"Heterodox economics" represents techniques or to colleges of financial thought that are regarded outside of "mainstream economics". Popular financial experts sometimes claim that it has little or no effect on many educational financial experts in the British discussing world. "Mainstream economics" is also known as "orthodox economics" by its great experts. "Heterodox economics" is an outdoor umbrella term used to cover various important techniques, colleges, or cultures.
· Business Economics
Enterprise overall costs as a field in used overall costs uses economic concept and quantitative methods to evaluate companies and the factors leading to the variety of firm components and the connections of companies with manual work, Investment and product marketplaces. A professional focus of the paper Enterprise Business economics has been indicated as offering "practical information for people who apply overall costs in their manually done tasks.