concerns the economic factors affecting individual consumers and companies.
Microeconomics is the study of a specific market or market segment within economics.
The study of individual pieces that make up an economy, such as consumption and savings.
Economics that looks at specific forces in the economy, such as the actions of an individual consumer.
deals with the economic activity of individuals or small groups, for example the impact of specific types of taxes on retired women or the consequences of the deregulation of trade on garment factories.
The branch of economics concerned with the decisions made by individuals, households, and firms and how these decisions interact to form the prices of goods and services and the factors of production.
the branch of economics that examines individual decision-making at firms and households and the way they interact in specific industries and markets.
the branch of economics that studies the economy of consumers or households or individual firms
The part of economics dealing with the economic behavior of individual units such as consumers, firms, and resource owners ( in contrast to macroeconomics, which deals with the behavior of economic aggregates like gross domestic product).
The study of the choices of individuals and businesses, the interaction of these choices, and the influence that governments exert on these choices. (p. 5)
Examines the factors that affect individual economic choices, how changes in these factors affect such choices, and how the choices of various decision makers are coordinated by markets. It focuses on the determination of price and output in individual markets, such as the market for breakfast cereal or the market for sports equipment.
The study of the individual parts of the economy, the household and the firm, how prices are determined and how prices determine the production, distribution and use of goods and services.
The study of the individual parts of the economy, with emphasis given to the market process and how it works.
the bottom-up view of the economy, focusing on individual households and firms
studies from the perspective of individual firms and consumers how to best make use of the world's scare productive resources at a single point in time. Microeconomics works from the bottom up to show how individual economic actors, by pursuing their own interests, collectively determine how resources are used.
The branch of economics that deals with the behavior of individual firms and consumers.
Focus is on the individual's relationship to the economy. Looks at the smaller picture.
The study of the behaviour of small economic units, such as individual consumers, households or companies. It focuses on the determination of the prices that induce these agents to act, including wages for labour and return rates of investment funds. These concerns cover issues of demand and supply, welfare and distribution.
A study of the smaller components of the economy consumer, household and business behaviour.
the study of factors determining relative prices of goods and inputs.
Economic analysis dealing with individual companies or markets and their impact on the economy, as opposed to macroeconomics which focuses on broader influences and trends.
The study of economics in terms of individual areas of activity (as a firm, household, or prices). See also macroeconomics.
The study of the allocation of resources and the distribution of income, and how they are affected by the workings of government policies and the price system.
The analysis of the behavior of individual economic decision makers (individuals and firms).
The branch of economics which deals with behavior and choices as they relate to relatively small units---an individual, a firm, an industry, a single market -- and the distribution of total production and income among them. It considers individuals both as suppliers of productive resources and as the ultimate consumers of the final product. It also analyzes firms both as suppliers of products and as consumers of productive resources. Microeconomics seeks to analyze the market or other type of mechanism that establishes relative prices among products and allocates society's resources among their many alternative uses. Compare and contrast to macroeconomics.
The study of individuals and businesses as they relate to the economy. · See Also · Macroeconomics
Looking at the individual parts of the economy, with emphasis given to the market process and how it works.
study of the impact of small scale influences on the economy
Microeconomics is a branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources, www.ca.uky.edu/agc/pubs/aec/aec75/aec75.htm typically in markets where goods or services are being bought and sold