Author Description

This book goes beyond the borders of set science, and rewrites large tracts of business economics as it is currently taught worldwide. It is for both beginners and professionals. Prior knowledge is not required. It is suitable for students and graduates in financial management (Economics, Accountancy and Business Administration), for financial and general managers, for entrepreneurs and for investors. Indeed for everyone who has to deal with money. The central theme in Business Economics is MONEY and money can and must be counted. In this piece of science, the most plausible statements are likely to fail when the counts are not correct. Existing textbooks are seemingly correct - with regard to the text - but presented calculations are mostly not to-the-point. In a company, normally a lot of money is involved; generally this money is the possession of other people, and one must handle things carefully i.e. a good manager is also a good steward and naturally takes care of literally everything. Business Economics is a part of Economics and concerns the distribution of scarce goods and services. Choosing, this or that, that's what it's all about; in a world of 'demand' and 'supply'. Establishment of a company and treatment of problems concerning money right from the beginning are covered. This book indeed goes beyond the borders of set science, and rewrites large pieces of business economics as it is currently taught worldwide. It starts with exact money calculus, and ends with the measurement of period profit, exactly, quickly and easily. Basis for Better Business Administration and Management. This book THEORY is No. 1 from a triptych: Business Economics VI_Period Profit Measurement quickly and easily THEORY Business Economics VI_Period Profit Measurement quickly and easily EXERCISES, PROBLEMS, QUESTIONS Business Economics VI_Period Profit Measurement quickly and easily ELABORATIONS, ANSWERS