In social sciences, economics and management are closely related. Both of them aim at economic efficiency and resource conservation, and this similarity creates inevitability for the close connection between the two disciplines. In the process of independent development, especially after the birth of management science, economics and management science complement each other and become more and more interdependent. As a theoretical and practical field of management, clothing management is also closely related to economics.
(A) Economics is the most important theoretical basis of clothing management. Economics is the starting point and support of various decisions in management. There are many theoretical bases of disciplines used in management research, such as mathematics, psychology, sociology, anthropology and so on. And economics is the most important foundation. Economics is the basic science of management. In the process of development, management theories are all based on economics, and they are all influenced and restricted by economic thoughts in a specific period, especially the mainstream economic theories in that period. Economic theory holds that when the clothing market fails, the "invisible hand" can't effectively regulate the use of social resources, so it is proposed to find new social forces to make up for the failure of the clothing market, and the regulatory role of the "visible hand" of the government has been discovered. That is to say, from the perspective of economics, it is found that the basic law of management needs to be sought from the external force that interferes with the activities of clothing enterprises in order to actively adapt to the requirements of the external environment.
(B) Economics provides an analytical method for clothing management. Economics provides a variety of analysis methods for clothing management, such as cost-benefit analysis. This analysis method needs the comparison of specific costs and benefits, aiming at optimizing behavior and making clothing enterprises get the maximum benefits with the minimum expenditure, which is the "economic principle" of management.
(3) Demand and supply analysis, pricing and market analysis in economics are widely used in clothing management practice.
In macroeconomics, policy suggestions reflect practical value through government management, and microeconomic theory creates value for enterprises through clothing enterprise management, all of which are the results of practical economics.
(D) The effectiveness of clothing management needs to be analyzed and verified by economics. The penetration of economics into the research field of clothing management is also reflected in the further exploration of the details of internal management behavior of organizations, mainly in four aspects. First of all, the organizational structure is analyzed in economics, and the transaction cost theory is the theoretical basis for economics to deeply study the choice of organizational structure; The second is the economic analysis of organizational political behavior. The theory of public choice is the theoretical basis for economics to deeply study the political behavior of government organizations; The third is the economic analysis of individual behavior choice within the clothing enterprise organization. Game theory is the theoretical basis for economics to study the choice of individual economic behavior inside and outside the organization. Fourthly, the phenomenon of organizational culture of clothing enterprises is analyzed economically. The research of institutional economics on organizational governance system and institutional environment provides a theoretical basis for the construction of organizational culture. These studies on internal economic analysis, structural analysis and institutional analysis of enterprises are even considered to belong to the research field of management.