Economics

Definition of Economics as it relates to Business, Human Resource Management

Economics is the social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their unlimited wants. It primarily focuses on the production, distribution, and consumption of goods and services. Businesses operate within this economic context, making decisions based on supply and demand, market conditions, and resource availability. Human Resource Management is a subset of business that deals with managing employees, including recruitment, training, compensation, and benefits. As such, HRM must take into account economic principles, such as labor markets and incentives, to effectively manage its most valuable resource - people. Therefore, economics provides the theoretical foundation for understanding the broader business environment in which HRM operates, and how businesses and HR managers can make informed decisions that lead to successful outcomes.

Child Hierarchical Categories

Note

External Links

Home - Schumacher Center for a New Economics
Islamic Economics Finance
The Association for Social Economics
consciousnessofeconomics -
Land and Location Economics – The place to book Gareth for talks
Medical Economics
Economics Tuition Singapore: JC A Level H2 IB Econs Tuition Online
behavioral economics consulting group, llc
Home page | Journal of Economic Structures
Just Economics of Western North Carolina - Living Wage, Transit, Affordable Housing
Robert Fry Economics LLC | United States | Former DuPont Economist
Transition Economics (TE) evidence-based Civic Science
Buddhist Economics – – An Enlightened Approach to the Dismal Science by Clair Brown, Ph.D –
Home
Business economics Congress | Business ethics Seminar | Business Information Systems Meeting | Financial economics Conference | Business statistics Congress | Financial Services Management Summit | Business law Seminar
Strategic Economics | Integrating Economics With Communities
Surplus Energy Economics | The home of the SEEDS economic model – Tim Morgan
Entrepreneurial Economics | The Independent Institute | Edited by Alexander Tabarrok, foreword by Steven Landsburg
Institute for New Economic Thinking | Institute for New Economic Thinking
Mosler Economics / Modern Monetary Theory - The Site of Economist Warren MoslerMosler Economics / Modern Monetary Theory | The Site of Economist Warren Mosler
Visualizing Economics
Home | Armstrong Economics
Economics at Bard
Home | Department of Economics
Alpaugh Family Economics Center at the University of Cincinnati
Welcome economicsciences.org - BlueHost.com
Economics Help
Welcome economicsjournal.org - BlueHost.com
Economic Sociology Political Economy – The global community of academics, practitioners, and activists led by Dr. Oleg Komlik
Homepage - UC Economics Center
Center for Economic Strategy and Competitiveness | Integrity, Knowledge, Prosperity
Home | HCEO
HealthEconomics.com - RWE, HEOR, and Market Access Content for Industry Professionals
Macroeconomics.com
Port Economics, Management and Policy
The Economics of Sport - Economics of Sport
UEI – Urban Economics
Urban Economics Association
FocusEconomics | Consensus Forecasts, Global Economic Outlook News
亚洲欧美一区二区三区,成人国产欧美大片一区,久久精品这里热有精品,无码精品国产va在线观看DvD,free性熟女妓女tube,女人18毛片A级毛片,日韩亚洲欧美一区二区三区
Home - Society For Neuroeconomics
Zonda | Housing Market Research Tools | Real Estate Advisors
World Economics