Question

When do we operate? Microeconomics

When do we operate? Microeconomics

Homework Answers

Answer #1

Micro Economics is a sub set of Economics.

It is concerned with individuals organizations and market.

Micro Economics is essential for our success when we are working in finance, serving the government or in the markets

It is used to study the human actions individually.

It shows the different values of different goods.

It Evaluates how the individuals make efficient decisions.

Micro Economics help investors see why the stock prices might fall or rise.

Therefore micro Economics is considered a more complete advanced science than macro Economics.

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