Micro Economics

Microeconomics is that branch of economics which studies economic activities relating to individual economic units like a consumer, or a producer.

Example: Problem of product pricing or factor pricing.

This app contains:

1. Economics and Economy

2. Central Problem of an Economy

3. Consumer's Equilibrium Utility Analysis

4. Consumer's Equilibrium - Indifference Curve Analysis

5. Theory of Demand

6. Price Elasticity of Demand

7. Production Function and Returns to a Factor

8. Concepts of Cost

9. Concept of Revenue

10. Producer's Equilibrium

11. Theory of Supply

12. Forms of Market

13. Market Equilibrium Under perfect competition