Microeconomics shows conditions under which free markets lead to desirable allocations. It also analyzes market failure, where markets fail to produce efficient results.

Jun 17, 2025 · Microeconomics is a field of study that focuses on what incentivizes the decisions that people and companies make and how resources are used and distributed. It provides a …

microeconomics, branch of economics that studies the behaviour of individual consumers and firms.

You can use the tools of microeconomics to decide how best to spend your income; how best to divide your time among leisure activities; or how many people to hire in the business you run.

Microeconomics refers to the economics discipline that relates how the individual, household, and corporate behaviors mold consumer decisions, resource distribution, and economic output.

By taking this free microeconomics course, you’ll be exposed to the economic way of thinking. You’ll understand how to use economics in your life and, ultimately, see the world differently.

Microeconomics is defined as the branch of economics that focuses on the behavior of individual firms and groups of firms, examining concepts such as demand and supply for goods and …