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Microeconomics

  • ️Mon Nov 28 2016

Abstract

Microeconomics is the study of individual economic units and their interactions. In includes the theory of the consumer, the producer, and the markets in which they are involved. Microeconomics is often contrasted with macroeconomics which is concerned with the behaviour of economic aggregates, such as aggregate consumption and production.

This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman

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  1. http://link.springer.com/referencework/10.1007/978-1-349-95121-5

    Hal R. Varian

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  1. Hal R. Varian

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    Varian, H.R. (1987). Microeconomics. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1212-1

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_1212-1

    • Received: 12 August 2016

    • Accepted: 12 August 2016

    • Published: 28 November 2016

    • Publisher Name: Palgrave Macmillan, London

    • Online ISBN: 978-1-349-95121-5

    • eBook Packages: Living Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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