What is the difference between business economics and economics?

Economics is a social Science that studies the production, distribution, and consumption of scarce goods and services. " Money is a scarce good that is unevenly distributed. Just why this is the case and the consequences of an uneven distribution of income and wealth are the central questions in the Science of economics. And these questions can be asked at the micro-level (household), the meso-level (industry) and the macro-level (countries). Business Economics has developed itself into a sub-Science within economics. Business economics is concerned with predominantly the economic problems of businesses. In this sense, some regard business economics as a form of micro economics. It is also sometimes referred to as the interface between business administration and economics.

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