Study of the economic behavior of individual units of an economy (such as a person, household, firm, or industry) and not of the aggregate economy (which is the domain of macroeconomics).
Microeconomics is primarily concerned with the factors that affect individual economic choices, the effect of changes in these factors on the individual decision makers, how their choices are coordinated by ...
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Economics 101: Principles of Microeconomics has been evaluated and recommended for 3 semester hours and may be transferred to over 2,000 colleges and universities.
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Microeconomics Microeconomics refers to more individual or company specific studies in economics. How businesses establish prices, how taxes will impact …
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