Economy, asked by riya0702, 1 year ago

what is another name of microeconomics

Answers

Answered by Monica695
24
HEY MATE,,,



HERE IS YOUR ANSWER,,,


The term: price theory is the another name of microeconomics.


HOPE THIS HELPS YOU.
Answered by presentmoment
2

Answer:

A 'partial analysis' is another name of microeconomics.  

Explanation:

The term 'microeconomics' is derived from the 'Greek word MIKROS', meaning “small”  

Thus, microeconomics is the theory of small, and microeconomics is that branch of economics. This studies an economic or decision-making unit and also talks about the behavior of that particular unit.

Micro Economics is the study of 'particular firms', wages, particular households, particular commodities, individual prices, individual industries, and individual prices.

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