Economics - Microeconomics

Related BrainMass Solutions

• Differences between microeconomics and macroeconomics

  Microeconomics' approach is bottoms up, whereas macro economics' approach is top- down for analyzing the economy. Microeconomics takes a bottoms-up approach to analyzing the economy while Macroeconomics takes a top-down approach.

• Main differences between microeconomics and macroeconomics

  Slide #2: I would include additional factors as found here - http://economics.about.com/od/economics-basics/a/Microeconomics-Versus-Macroeconomics.htm Slide #3: Talk about the goals of microeconomics.

• Utility in decision making

  130252 Macro & Micro Economics in Decision Making Articulate how macro- and microeconomics come into play in the context of company decision-making in a global business.

• Microeconomic Analysis - Economics, Supply and Demand

  184085 Economics, Supply and Demand Please help me with these definitions. a. Define economics b. Define microeconomics c. Define the Law of supply d. Define the Law of demand e.

• Micro and Macroeconomics Inquiry

  Managerial economics applies microeconomic analysis to specific business decisions. Managerial economics is applied microeconomics - normative microeconomics.

• Question about Microeconomics and Macroeconomics

  Microeconomics is the branch of economics which deals in individual variables for example demand related to household. Macroeconomics is the branch of economics which deals in aggregates for example National Income.

• Microeconomics- Marginals in Economics

  529890 Marginals in Microeconomics What is a "marginal" and why is it so important in microeconomics? Marginals in economics just refers to an incremental or additional amount.

• Articulate how macro- and microeconomics come into play in the context of firm decision-making in a global business

  Microeconomics (literally, very small economics) is the study of the economic behaviour of individual consumers, firms, and industries and the distribution of production and income among them.

• Explanation of micro vs macroeconomics

  "The field of economics is broken down into two distinct areas of study: microeconomics and macroeconomics.

• Economics

  We will discuss the definition of Economics, Microeconomics, Laws of Demand and Supply: // Economics Economics, as the dictionary meaning says, is a branch of knowledge that deals with the human activities relating to wealth.