Difference between revisions of "Microeconomics"

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Microeconomics is the study of the behavior of individual units, firms, households or persons in the economy.  If [[macroeconomics]] is the study of the "forest", then microeconomics is the study of the trees.
 
Microeconomics is the study of the behavior of individual units, firms, households or persons in the economy.  If [[macroeconomics]] is the study of the "forest", then microeconomics is the study of the trees.
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[[Category:Economics]]

Revision as of 12:45, March 11, 2007

Microeconomics is the study of the behavior of individual units, firms, households or persons in the economy. If macroeconomics is the study of the "forest", then microeconomics is the study of the trees.