Microeconomics is one of the major focus areas within the academic field of economics. While the scope and methods of microeconomics can be complex, its overall focus is relatively straightforward.

Log-in to bookmark & organize content - it's free! Economist and author Steven Levitt talks about microeconomics, macroeconomics and accidental experiments. Economist and author Steven Levitt talks ...

Physicists look at the big world of planets, stars, galaxies, and gravity. But they also study the minute world of atoms and the tiny particles that comprise those atoms. Economists also look at two ...

Microeconomics is the study of individual choices in markets. In microeconomics, we consider the role consumers and businesses play in the economy and how consumers and businesses make their economic ...

Economics can seem as if it is an obscure subject, in that you haven't had the chance to study it much, but parts of it can be very understandable. A simple definition of economics is the study of how ...

Discover how macroeconomics impacts GDP, inflation, and unemployment, and learn how policy decisions shape economic stability ...

This past semester, our colleague Eleanor Clemans-Cope argued that the Princeton School of Public and International Affairs (SPIA) ought to replace its requirement that students learn introductory ...

Find out how and why mathematics is used in microeconomics, its limitations, and the math skills that economics students need.