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Teacher what is the defenition of microeconomics

Posted by Hai Buddy 5 years, 5 months ago

CBSE > Class 11 > Economics

3 answers

Saniya Memon 5 years, 5 months ago

Micro economics studies the behaviour of a individual unit of an economy . microeconomics other name is price theory .for example demand of a consumer,individual income,individuals output

Hai Buddy 5 years, 5 months ago

Thanks a lot

Utkarsh Mundhra 5 years, 5 months ago

Microeconomics is that part of economic theroy , which studies the behaviour of individual units of an economy. It's main tools are Demand and Supply. For example: induvidual income, price of a commodity etc.

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