Microeconomics

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Microeconomics - Microeconomics (literally, very small economics) is a social science which involves study of the economic distribution of production and income among individual consumers, firms, and industries. (Contrast macroeconomics.

Hotelling's lemma - Hotelling's lemma is a result in microeconomics that relates the supply of a good to the profit of the goods producer. It was first shown by Harold Hotelling, and is widely used in the theory of the firm.

Mesoeconomics - Mesoeconomics is a neologism used to describe the study of economic arrangements which are not based either on the microeconomics of buying and selling and supply and demand, nor on the macroeconomic reasoning of aggregate totals of demand, but on the importance of under what structures these forces play out, and how to measure these effects. It dates from the 1980s as ...

Roy's identity - Roy's identity (named for French economist Rene Roy) is a major result in microeconomics having applications in consumer choice and the theory of the firm. The lemma states that if indifference curves of the indirect utility function are convex in prices, then the cost minimizing point of a given good (i), with price p_i, is ...


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Microeconomic Theory - Provides table of content of Microeconomic Theory by Mas-Colell, Whinston and Green. The major book on microeconomic theory.

Problems in Microeconomics - Problems in Microeconomics is a set of practice problems and interactive lecture displays for students and faculty in introductory courses in microeconomics. The problems were written by Byron W. Brown, Professor of Economics at Michigan State University.

Microeconomics - Elasticity - Course material on elasticities, a major concept used in microeconomics.

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Microeconomics Principle -   Microeconomics Principle Microeconomics of Public Policy by Lee S. Friedman, This book shows, from start to finish, how microeconomics can and should be used in the analysis ... It is an exciting new way to learn microeconomics, motivated by its application to important, real- ...

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Microeconomics: Principles, Problems, and Policies : McConnell and Brues Microeconomics: Principles, Problems, and Policies is the leading Principles of Economics textbook because it is innovative and teaches students in a clear, unbiased way. The 17th Edition builds upon the tradition of leadership by sticking to 3 main goals: help the beginning student master the principles essential for understanding the economizing problem, specific economic issues, and the policy alternatives; help the student understand and apply the economic perspective and reason accurately and objectively about economic matters; and promote a lasting student interest in economics and the economy.

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