microeconomics


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microeconomics

the branch of economics concerned with particular commodities, firms, or individuals and the economic relationships between them
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References in periodicals archive ?
Along with the eight concepts mentioned above, the visual "big picture" introduces many other essential microeconomic concepts, and explains how these concepts are related to one another.
There is a stark and unavoidable contradiction between what we want our macroeconomics to explain --persistent large-scale unemployment, desultory growth, price-level instability and the sort of phenomena that neoclassical microeconomics can comfortably accommodate.
Finance, Development, and Industrial Organization have seen significant increases in share, whereas Macroeconomics, Microeconomics, and Labor have seen declines.
Table 1 shows a brief description of the variables used and their means for the two estimations: the effect of calculus on a microeconomics grade and the effect of calculus on a macroeconomics grade.
As social networks represent a new and very popular form of communication among students, the possibility of their use in teaching microeconomics is unquestionable (Herceg et al.
Unlike macroeconomics, which account for interactions in the economy, microeconomics offers a detailed treatment of individual decisions about particular commodities ignoring interactions.
Written by Clifford Winston (senior fellow in Economic Studies, Brookings Institution), Government Failure Versus Market Failure: Microeconomics Policy Research and Government Peformance examines three decades of empirical evidence in search of the answers to a critical question: When should government intervene in market activity, and when is it better to allow market forces to operate without interference?
WHAT DO A STRANDED ALIEN RACE and microeconomics have in common?
The journal focuses on the application to legal issues of new insights developed in economic disciplines such as microeconomics and game theory, finance, econometrics, decision theory, political economy and public choice, behavioral economics, social psychology and evolutionary biology.
Nine-member teams spend months studying everything from calculus and microeconomics to literature, as well as preparing essays, speeches and interviews.
For example, in the introductory microeconomics course, it is straightforward to connect the behavior of a product price-maker and a resource price-maker.
Along the way, she earned her doctoral degree in Economics from the University of Maryland and taught microeconomics at Georgetown University's Public Policy Institute for 2 years.