The aim of this course is to give students the conceptual basis and the necessary tools for understanding modern microeconomics at an intermediate level.

This course has joint teaching with ECON5200 – Advanced Microeconomics. This is an advanced course in microeconomic theory. The course covers the main topics of microeconomics from consumer and ...

Microeconomics, in its examination of the behavior of individual consumers and firms, is divided into consumer demand theory, production theory (also called the theory of the firm), and related topics ...

About us The Microeconomics Research Cluster focuses on the behaviour of individuals and on institutions allocating scarce resources. Microeconomists at the Adam Smith Business School studies market ...

What is microeconomics, exactly? Microeconomics is a branch of economics that deals with how small-scale entities like individuals and businesses make economic decisions. The relationship between ...

But, wanna know why is equilibrium important in economics? Well, this concept is pivotal in both microeconomics, concerning individual players in the market, and macroeconomics, which covers the ...

Equilibrium Energy Signs New Battery Tolls, Enters California, Celebrates Its Market-Leading Battery Management Performance, Welcomes New Executive Hires, and Closes Its Series B Fundraise ...

Equilibrium exists when supply equals demand. The shape of these curves and the equilibrium price affect small and large businesses because revenues are a factor of price and quantity.

Economic equilibrium as it relates to price is used in microeconomics. It is the price at which the supply of a product is aligned with the demand so that the supply and demand curves intersect.