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. | ||
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Revision as of 20:11, 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.