Define microeconomics. microeconomics synonyms, microeconomics pronunciation, microeconomics translation, English dictionary definition of microeconomics. n. The study of how businesses, households, and individuals within an economy allocate limited reso
A More General Definition of Microeconomics Roughly speaking, microeconomics deals with economic decisions made at a low, or micro, level as opposed to macroeconomics which approaches economics from a macro level. From this standpoint, microeconomics is sometimes considered the starting point for the st...
Microeconomics definition: the branch of economics dealing with particular aspects of an economy, as the price-cost relationship of a firm.. See examples of MICROECONOMICS used in a sentence.
Learn what microeconomics is and learn the concepts related to microeconomics. Discover its definition and examples with branches and applications...
Microeconomic study has historically been performed according togeneral equilibrium theory, developed by Léon Walras in "Elements of Pure Economics," and partial equilibrium theory, introduced by Alfred Marshall in "Principles of Economics."2
Microeconomic study historically has been performed according togeneral equilibrium theory, developed by Léon Walras inElements of Pure Economics(1874) and partial equilibrium theory, introduced by Alfred Marshall inPrinciples of Economics(1890).1The Marshallian and Walrasian methods fall under the larger...
Definition: Microeconomics is a subfield ofeconomicswhich focuses on analysing the behaviour of economic agents within an economy so as to make decisions concerning the allocation of limited resources which have multiple uses. As the name suggests, it is themicroscopic view of the economy, wherein ...
Microeconomics also includes Economics of Information,Welfare Economics, Labor Economics, Game Theory, Market Structure, Costs of Production, Perfect Competition, and many other topics. Video – What is microeconomics? – Definition and Meaning
The meaning of MICROECONOMICS is a study of economics in terms of individual areas of activity (such as a firm).
©copyrightsbyChangdeZheng2004.Economiccollege，SouthwestUniversityForNationalities.什么是经济学？稀缺与选择（ScarcityandChoice）i)经济学研究稀缺资源的配置问题（Economicsisthestudyoftheallocationofscarceresources）ii)Scarcitymeansthattohavemoreofsomethingstheremustbelessofothers(OpportunityCost):Production...