"Economics of large industry" is the flow of money through businesses.
A few scholars of "Economics of large industry" include Daniel McFadden, co-recipient of the 2000 ‘Nobel Memorial Prize in Economic Sciences', Milton Friedman a famous Economist, Richard Thaler, who won the Nobel Memorial Prize in Economic Sciences in 2017.
Some subfields in "Economics of large industry" include company finances, how money trickles down once a company is paid, what effects the company's income have on employees and local community.
Why study "Economics of large industry"? understand how the local & general community is affected by large businesses, How the country runs and our imports and exports.
"Industrial economics" is the examination of insights into how firms organize their activities, as well as considering their motivation. A few scholars of "Industrial economics" include Symeonidis...
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