Home >  Term: اقتصاد خرد
اقتصاد خرد

The study of the individual pieces that together make an economy. Contrast with macroeconomics, the study of economy-wide phenomena such as growth, inflation and unemployment. Microeconomics considers issues such as how households reach decisions about consumption and saving, how firms set a price for their output, whether privatization improves efficiency, whether a particular market has enough competition in it and how the market for labor works.

0 0

Creator

  • Ahmad
  • (Isfahan, Iran)

  •  (Bronze) 468 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.