Question

write a short note in Micro Economic​

Answer 1

Answer:

Microeconomics is that part of economic theory which deals with the behaviour of individual units of an economy such as a household, a firm, etc. It is the analysis of economy's constituent elements—households, firms and industries. Micro is a Greek word meaning 'small'. Thus, microeconomics means economics of small.

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Answer 2

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Microeconomics is that part of economic theory which deals with the behaviour of individual units of an economy such as a household, a firm, etc. It is the analysis of economy's constituent elements—households, firms and industries. Micro is a Greek word meaning 'small'. Thus, microeconomics means economics of small.