Microeconomics is divided into the theory of the consumer, which focuses on people’s behavior in market settings, and the theory of the firm, which concentrates on how businesses act, ...

Microeconomics, which focuses on economic decisions made by individuals and single firms. Browse Investopedia’s expert-written library to learn more.

Microeconomics focuses on supply, demand, and other forces that determine price levels, making it a bottom-up approach. Macroeconomics takes a top-down approach and looks at the economy as a ...

Microeconomics also performs interpersonal comparisons with cardinal utility. Other economists argue that no meaningful analysis can come out of imaginary numbers and that cardinal utility—and ...

Microeconomics is a subset of economics that focuses on the actions of the individual participants in the economy, including individual consumers and businesses. Unlike macroeconomics, which ...

Microeconomics and macroeconomics are two distinct branches of economics. Microeconomics focuses on individuals and groups, including companies, while macroeconomics looks at the behavior of ...

To deeply understand microeconomics and the economic decisions we make on a daily basis, you’ll need more than just one minute. Check out our Accelerated MA program in international economics and ...

Much fuss has been made about green jobs. Do they exist, and are more "brown" jobs displaced for every green one? Given all the political rhetoric, it's not surprising that there is also ...

Microeconomics is one of the major focus areas within the academic field of economics. While the scope and methods of microeconomics can be complex, its overall focus is relatively straightforward.

We hear a lot about the need for macroeconomics to be consistent with microeconomic foundations, that's been a driving force behind macroeconomic modeling for the past several decades. But those ...

It’s microeconomics at its most microscopic. Montague’s experiments go like this: A subject is given $100 and some basic information about the stock market.