Microeconomics
CataloguedThe economic field that studies the behaviour and interactions between specific actors of the economy, namely consumers and firms. It is the field that analyses the decision-making process of individuals and the factors that influence purchasing decisions.
Microeconomics sits under Macroeconomics in the Economics, Policy, and Social Studies domain of the Luminid skills catalogue.
Also known as
- micro-economics
- micro economics
- microeconomic theory
- micro econ
- consumer behavior
- firm behavior
- price theory
- market analysis
- individual economics
- supply and demand
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