No. Business is about.....well, business 😅. You will learn about how to manage businesses, how to promote your products and business models created by some famous people which help to improve a business's position.
Economics is different. It's about how the world works. There are graphs in it that most people find a bit difficult and some find them interesting (like me!). You will learn about how governments try to develop a country.
Economics and business have SOME chapters common in them and they are both essay based subjects. That's why people usually don't see a difference between these two.