Micro Economics

Developer's DescriptionBy gktalk_imranMicroeconomics is that branch of economics which studies economic activities relating to individual economic units like a consumer, or a producer.Microeconomics is that branch of economics which studies economic activities relating to individual economic units like a consumer, or a producer.Example: Problem of product pricing or factor pricing.This app contains:1. Economics and Economy2. Central Problem of an Economy3. Consumer's Equilibrium Utility Analysis4. Consumer's Equilibrium - Indifference Curve Analysis5. Theory of Demand6. Price Elasticity of Demand7. Production Function and Returns to a Factor8. Concepts of Cost9. Concept of Revenue10. Producer's Equilibrium11. Theory of Supply12. Forms of Market13. Market Equilibrium Under perfect competition