Microeconomics
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Microeconomics studies the actions and reactions of individual economic agents and small groups in determining relative prices of goods and factors of production and allocating the latter among various jobs. It analyzes how individuals and small economic units make choices and how their interaction governs the functioning of markets. Microeconomics differs from macroeconomics in the level of aggregation at which economic phenomena are studied, though both are complementary fields of economics.
Microeconomics
- 1. Microeconomics Por: Patricia Guti辿rrez Garc鱈a
- 2. Hello, I'm Patricia economist by profession and I will speak in the present day that is the microeconomics Microeconomics Branch of economic theory that studies the actions and reactions of individual economic agent and well defined small groups of individuals.
- 3. Its purpose is to analyze how to make the determination of the relative prices of goods and factors of production and allocation of the latter among the various jobs. It differs from the Macroeconomics at the level of aggregation in which economic phenomena are studied, although both are complementary.