Difference between revisions of "Microeconomics"

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::[[Microeconomics]]. Branch of [[economics]] that focuses on actions of particular actors within the economy, like households, workers, and business firms.
 
::[[Microeconomics]]. Branch of [[economics]] that focuses on actions of particular actors within the economy, like households, workers, and business firms.
  
==Related concepts==
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[[Category: Articles]]
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==Related lectures==
 
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Revision as of 18:34, 30 May 2020

Microeconomics is the branch of economics that focuses on actions of particular actors within the economy, like households, workers, and business firms.

Definitions

According to Principles of Economics by Timothy Taylor (3rd edition)

Microeconomics. Branch of economics that focuses on actions of particular actors within the economy, like households, workers, and business firms.