Microeconomics doesn't try to answer or explain what forces should take place in a market. Rather, it tries to explain what happens when there are changes in certain conditions. Microeconomics ...

Microeconomics zeroes in on the individual decision-making processes of individuals and businesses. It is closely linked to psychology in its focus on human behavior and what influences it.

Log-in to bookmark & organize content - it's free! Economist and author Steven Levitt talks about microeconomics, macroeconomics and accidental experiments. Economist and author Steven Levitt ...