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Definition of Business Economics:

Business economics is the study of the financial issues and challenges faced by corporations operating
in a specified marketplace or economy. Business economics deals with issues such as business
organization, management, expansion and strategy. Studies might include how and why corporations
expand, the impact of entrepreneurs, the interactions between corporations, and the role of governments
in regulation.

Professionals, Students and Hobbyists: The professional that studies economics can choose
from many different careers. There are available positions as a day-trader in the stock markets,
economics teacher and market analysis. The student will go to school and study economics and
psychology to determine the thoughts and motivations of those who make decisions in the market. It is
at school that a student usually determines what field(s) of economics to specialize in after graduation.
The hobbyist may choose to trade in the markets or blog about the world and domestic markets while
using an outsider's approach to research and analysis.
Key topics issues ideas and approaches:
1. Ponzi-Schemes
2. Pyramid Schemes
3. Currency Market
4. Gold Market
5. Stock Market
6. Agricultural Market
7. Foreign and Domestic Market Trading
8. Internet trading
9. Internet Based Banking
10. Warren Buffett (b. 1930)
11. John Maynard Keynes (1883-1946)
12. James Tobin (1918-2002)
13. Paul Krugman (b. 1953)
14. Microeconomics
15. Macroeconomics

Questions facing the Business Economist:


1. The strength of the dollar
2. The housing market in 2017/2018
3. The strength of Chinese banks in relation to the US economy
4. The hiring and workforce market of 2017/2018
5. The impact of sluggish wages in the market
6. The impact of a protectionist President that has threatened during his campaign to pull
out of NAFTA.
7. The instability of BREXIT and the European economy.
8. World markets may have reached their limits with their monetary policies, and how this
impacts world banks that have tripled their debt over the last eight years with
quantitative easing policies that will have to be changed in the near future.
9. Weighing tighter fiscal policies
10. Commodity recovery reverses in Pakistan, Russia and India.
Professional Organization:
https://www.nabe.com/NABE/Home/NABE/Default.aspx?hkey=a4764b99-8018-482b-8230-
04bfe11d3884
Mission: NABE's mission is to provide leadership in the use and understanding of economics.
Members:NABE is the premier professional association for business economists and others
who use economics in the workplace. Since 1959, NABE has attracted the most prominent figures in
economics, business, and academia to its membership with highly-regarded conferences, educational
and career development offerings, economic surveys, and its unrivaled networking opportunities. Comment [1]: HTML: </NOSCRIPT>

Areas of interest on the website: Courses offered to become a Certified Business Economist
are detailed at
https://www.nabe.com/NABE/CBE/Courses/NABE/CBE/Courses/CBE_Courses_Home_Page.aspx?hk
ey=08f1aaca-6307-4c30-88b8-690059ce8a54 Also available on the website are surveys conducted by
NABE that impact Business Economists and publications to assist business economists.
Major Universities:
For Economics: Harvard University, Massachusetts Institute of Technology, Princeton University,
Stanford University,Yale University, University of California: Berkeley
For Psychology: Stanford University, University of California : Berkeley, Harvard University, Yale
University, University of Michigan: Ann Arbor, University of California: Los Angeles