Microeconomics is an important subject for all commerce and humanities students. It talks about how money is created or how a person earns their livelihood in the day-to-day routine. You can learn several topics and can request your own topic via the contact form:

  • Introduction To Economics
  • Production Possibility Curve
  • Demand Analysis
  • Supply Analysis
  • Forms of Market
  • Money and Banking
  • National Income
  • Aggregate Demand
  • Aggregate Supply
  • Balance of Payment
  • Government Budget

Showing 48 results for "Microeconomics"

Law of demand

The law of demand and its determinants

We have seen the meaning and types of the demand curve. Today, I will be explaining the law of demand and its determinants. Determinants of demand are also known as…

Exceptions to the law of demand

The law of demand: Exceptions

The exceptions to the law of demand mean the goods or conditions where the law of demand is not applicable or does not operate. The law of demand states an…

Demand, Quantity demanded

The demand curve

Demand is defined as the quantity of a commodity that a consumer is willing and able to buy in the market, keeping other things constant (Ceteris paribus). For example, a…

Consumer Equilibrium under IC Analysis

Consumer Equilibrium Using Indifference Curve Analysis

Consumer equilibrium using indifference curve analysis is at a point where the consumer indifference curve touches the budget line. We have done consumer theory, consumer equilibrium using utility analysis, the…

Marginal Rate of Substitution

What is the Marginal Rate of Substitution?

The marginal rate of substitution refers to the rate at which the consumer substitutes one good, to obtain one more unit of the other good. Today, we will understand the…

Indifference curve

What is the indifference curve analysis?

Another important topic in economics after the budget line is the indifference curve analysis. The word ‘Indifference’ means being ‘neutral’ or having no effects at all. An indifference curve is…

Budget line

The Budget line in economics

This post includes points surrounding the budget line, features of the budget line, and the changes in the budget line. But first, you can go through the meaning of the…


Introduction To Microeconomics

Economics is one of the social sciences, which has a great influence on every human being. As economic life and the economy go through changes, it is important to understand…

The budget line

What does the budget line show?

The way we have a budget in our family to look after the household expenditure, in the same way, we use a budget line to show our income levels beyond…

Consumer equilibrium in case of utility analysis

What are the conditions of consumer’s equilibrium under utility analysis?

This is an interesting topic for all economics students to learn. Although this theory does not apply practically, it forms the basis for consumer behavior. So, today we will learn…

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