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microeconomics |
Also found in: Medical, Financial, Acronyms, Wikipedia, Hutchinson | 0.04 sec. |
microeconomicsStudy of the economic behaviour of individual consumers, firms, and industries and the distribution of total production and income among them. It considers individuals both as suppliers of land, labour, and capital and as the ultimate consumers of the final product, and it examines firms both as suppliers of products and as consumers of labour and capital. Microeconomics seeks to analyze the market or other mechanisms that establish relative prices among goods and services and allocate society's resources among their many possible uses. See also macroeconomics. |
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It is a pity that the comparative micro-economics of rice farming is not much investigated in the Courtenay book, as it might shed some light on the apparent paradox of continued poverty in an activity which has experienced so much technical change, especially in the 1970s. PROS 5 Low Fare RMS for Leg-based Environment - applies classical micro-economics, advanced statistical and forecasting techniques, and leading-edge operations research methods to achieve maximum revenue contributions from every flight departure in a low-fare/restriction-free pricing environment It is a book for the shelves of feminists, anthropologists and anyone interested in development, rural-urbal relations, micro-economics and Malaysianists generally. |
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Micro-economics
