Under this category you will found the base level economics, that is, we will learn economics from an individual point of you. You will find beginners topics related to demand, supply, forms of markets and so on.

Showing 43 results for "Microeconomics"

What is the price floor?

There are 2 tools used by the government to control or improve the prices of essential commodities. These tools are the price ceiling and price floor.  Let’s understand this topic in…

What is a Price Ceiling?

The price ceiling is the maximum price the producer is allowed to charge by selling their goods and services.  Let’s understand this topic in detail. A quick note: Subscribe to our website to…

Oligopoly Market

Oligopoly refers to a market situation in which there are few firms selling homogeneous or differentiated products. For example, the car market is considered to be an oligopoly. In this…

Monopolistic Market

A monopolistic market contains the features of the perfect competition and monopoly market. Monopolistic competition (market) refers to a market situation in which there is a large number of firms…

Monopoly Market

A monopoly is an imperfect market form. ‘Mono’ means single and ‘poly’ means to control, implying 1 seller. A monopoly refers to a market situation where there is a single…

Perfect Competition

Perfect competition is 1 of the form of the market. There are 2 types of market: Perfectly competitive market or Perfect Competition or Perfect Market.Imperfect competition. In this post, we…

Producer Equilibrium

Producer Equilibrium

A producer is said to be in equilibrium when he produces that level of output at which his profits are maximum. There are 2 methods of determining producer equilibrium: TR-TC…

Types of Revenue

There are 3 types of revenue that we mainly study under the forms of different markets. These includes: Total Revenue (TR)Average Revenue (AR)Marginal Revenue (MR) A quick note: Subscribe to our website…

Numerical on the Price Elasticity of Supply

In this post, I will be explaining the methods to solve numerical on the price elasticity of supply. I will be explaining the types of problems as well. Let’s start…

The Price Elasticity of Supply

The Price Elasticity of Supply

The price elasticity of supply is a measure of the responsiveness of the quantity supplied to the change in the price of the commodity. It is also defined as the…

Learn with Anjali started because there wasn't an easy-to-consume resource to help students with their studies. Anjali is on single-minded mission to make you successful!

If you would like to suggest topics, leave feedback or share your story, please leave a message.

Leave a message