Applied economics plays a pivotal role in translating economic theory into practical solutions for real-world challenges. This article explores how applied economics integrates empirical analysis, data-driven methodologies, and contextual understanding to inform public policy and business decision-making. By examining applications across labor markets, health economics, and environmental policy, the study highlights how applied economics strengthens evidence-based governance. The article also emphasizes pedagogical approaches for teaching applied economics, ensuring students acquire analytical and problem-solving competencies relevant to contemporary economic issues, and bridges theory-practice gaps. The article argues that blended models foster adaptability, creativity, and resilience—key entrepreneurial attributes—while enabling scalable and inclusive entrepreneurship education across institutional contexts.. This article explores the significance of strategic change management in enabling organizations to implement digital innovation initiatives, restructure business processes, realign workforce capabilities, and reshape corporate culture. It highlights leadership involvement, employee engagement, communication frameworks, resistance mitigation strategies, and performance evaluation tools as core contributors to successful change execution. Organizations that adopt strategic change management frameworks demonstrate enhanced adaptability, productivity, and long-term business sustainability.