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en:microeconomics-definition [2018/09/13 14:10]
federico
en:microeconomics-definition [2018/09/13 14:18]
federico [Examples of Direct Applications of Microeconomics in Real Business (not in academia)]
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 ====== Microeconomics Definition ====== ====== Microeconomics Definition ======
  
-<​strong>​Definition:</​strong> ​Microeconomics is the study of the behavior of individual economic agents, like persons, households and firms, in decision making and resources allocation among different alternative purposes. ​+**Definition:** Microeconomics is the study of the behavior of individual economic agents, like persons, households and firms, in decision making and resources allocation among different alternative purposes. ​
  
 ===== Microeconomics vs Macroeconomics ===== ===== Microeconomics vs Macroeconomics =====
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 Big corporations like Google hire microeconomists to work on several fields. For example: Big corporations like Google hire microeconomists to work on several fields. For example:
  
-Setting the optimal workflow for auctions. +  * Setting the optimal workflow for auctions. 
-Forecasting consumer behavior. +  ​* ​Forecasting consumer behavior. 
-Ad effectiveness. +  ​* ​Ad effectiveness. 
-Industrial organization:​ microeconomists can provide analysis on patents policy, antitrust, innovation policy, etc. +  ​* ​Industrial organization:​ microeconomists can provide analysis on patents policy, antitrust, innovation policy, etc. 
  
 [[microeconomic variables]] [[microeconomic variables]]
  
en/microeconomics-definition.txt · Last modified: 2019/02/16 21:12 by federico