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...University of calicut school distance education elective course ma economics iii semester ecoe industrial admission onwards cbcss admissiononwards p o malappuram kerala india prepared by dr rejuna c a assistant professor govt college kasargod scrutinised rahul k dept arts science kunnamangalam kozhikode module i prelude to economy is distinctive branch which deals with the economic problems firm and industries their relationship society it known several names such as industry trade etc there are two broad elements descriptive element concerned information content subject aimed at providing industrialist businessman survey clerical organization his country other countries he might come in contact would give him full regarding natural resources climate situation infrastructure fop commercial policies degree competition thus about competitors rules regulations business policy decision making this analytical part dealing topics market analysis b pricing choice technique d location plant e ...