Quality Help on Microeconomics Assignment Awaits for You!
Micro Aspects
Paul Krugman, Amartya Sen, Muhammad Yunus- Wondering who they are, they are all Nobel Prize awardees in the field of economics and one of them a peace prize. The common aspect governing their passion is microeconomics and their intense study in this field is worth appreciating. To brief you all it is a subject which was talks about scarcity. Given the global environment, microeconomics deals with how individuals and companies deal with scarcity. It talks volumes about constraint optimizations. The subject explores the various tradeoffs used by companies and individuals to overcome limited resources. The subject is alternately called Gizmo science. Some may call so, but for the subject lovers like me it fun. Understanding microeconomics, learning the subject, and applying it thoughtfully is completely fun. It has its existence in every field like how a slum dweller can be benefited by a government policy to how crude oil prices rise with King
Abdullah’s death. A subject which is so dynamic that even the smallest policy change in any corner of the world may lead to thunderbolt fluctuations in markets. Yes, welcome to the world of microeconomics.
Topics of Microeconomics
- Demand & supply
- Monopoly & Oligopoly
- International trade
- Elasticity
- Budget constraints & demand curves
- Equity & efficiency
- Capital markets
- Welfare economics
- Market indicators
- Factors affecting decision making
- Trade deficits
- GDP, WPI
- Inflation
- Demand-consumption patterns
- Classic economic theories
- Financial planning
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