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Difference Between Economics and Commerce

September 8, 2011Posted byOlivia

Economics vs Commerce Economist is concerned with the economic system and its operation in the country; whereas, the transfer of the results of production from producer to the consumer would be the key concern in commerce. Commerce has been part of history. From trading using barter system to selling and buying using currency, the activity […]

Filed Under:EconomicsTagged With:allocation scarce resources,barter system,buying and selling,Commerce,Consumer,e commerce,Economic System,Economics,Economist,macroeconomics,maximize profit,microeconomics,scarce resources,trade,Trading

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