Microeconomics
Microeconomics looks at the individual components of the economy, such as costs of production, maximizing profits, and the different market structures
Adam Smith.. Since during his time Economics be almost wholly concerned with Microeconomics, he is, therefore, more precisely the father of Microeconomics.
microeconomics is called microscopic analysis because it analyze the behavior of micro or small units of the economy like individual consumer, producer, factor suppliers etc.
is the branch of economics that study the economic behaviour of small individual decision making unit in an economy.
Microeconomics
Microeconomics looks at the individual components of the economy, such as costs of production, maximizing profits, and the different market structures
Adam Smith.. Since during his time Economics be almost wholly concerned with Microeconomics, he is, therefore, more precisely the father of Microeconomics.
microeconomics is called microscopic analysis because it analyze the behavior of micro or small units of the economy like individual consumer, producer, factor suppliers etc.
Microeconomics is the study of a section of the economy rather than the economy as a whole (which is macroeconomics). Microeconomics is more concerned with the allocation of scarce resources and the elasticity (sensitivity) of consumers and producers at the level of households and firms. In other, more simple words, it is the laws of supply and demand. The study of individual firms and individual households in a market.
is the branch of economics that study the economic behaviour of small individual decision making unit in an economy.
Who is the father of microeconomics?
Advantages of microeconomics ?
what are the microeconomics problems in philippines
Microeconomics is the study of a section of the economy rather than the economy as a whole (which is macroeconomics). Microeconomics is more concerned with the allocation of scarce resources and the elasticity (sensitivity) of consumers and producers at the level of households and firms. In other, more simple words, it is the laws of supply and demand. The study of individual firms and individual households in a market.
it would have to be text.
cuz it concerned mainly on knowledge observation