StudySection gives you an opportunity to achieve the Business Economics Certification through the Free Online Business Economics Certification Exam (Foundation) and get a hard copy of the certificate. The objective of this online certification exam is to test a candidate's knowledge of issues arising internally or operational issues within a firm, such as demand and forecast analysis, production and cost analysis, inventory management, resource allocation, capital and investment decisions, profit analysis, and risk management.
Economics is an integration of two major concepts: economic theory and business practices. It helps you make the best decisions based on the most appropriate business guidelines defined in economic theory. Business economics is a field that blends economic theory with business management. This field of research is focused on the study of scarcity and strategic competition, as well as the implications of these factors. Individuals, homes, corporations, and nations all face scarcity in the sense that they lack the resources to meet all of their demands and requirements. To enhance what can be accomplished with those limited resources, decisions must be taken to balance them.
The Business Economics Free Online Certification Exam (Foundation) from StudySection is in the format of multiple-choice questions on the basic concepts of this subject. There might be some questions that have more than one right answer, and for your answer to be considered correct, you must select all the correct options. Successfully passing this certification exam from StudySection will make you eligible to get an e-Certificate, and you can also get a certificate in a hard copy format after paying a nominal fee. A certification badge is also provided that you can display on your social media accounts like LinkedIn, Facebook, and others to reflect your expertise. The online Business Economics Certification (Foundation) from StudySection will make your career profile more appealing, hence increasing your chances of landing a good job.
Topics to be covered in the Business Economics Free Online Certification Exam are the following:
- Basics of Business Economics
- How Businesses Produce?
- Producing for Profit
- Marketing the Product
- Market Forces
- Competition and Competitive Strategy
- Regulating Market Power
- The Macroeconomy and its impact on Business
- International Trade and Finance