Economics

Production economics is a system of knowledge related to the process of development and adoption of economic decisions in the course of enterprise activity.

The enterprise is an independent economic entity, the purpose of which is to meet public needs and profit. The enterprise is the main link of the market economy. It is the enterprise is the main producer of goods and services, the main subject of the market, entering into various economic relations with other subjects. Therefore, enterprise economics, as a system of knowledge and methods of management of economic activity of the enterprise, occupies an important place in the organization of production and distribution of benefits in the conditions of any economic system.