Category: Microeconomics

Microeconomics Principles: Production, Costs and Profits Table of Contents Benefits of Economies of scale Disadvantages of being part of a large corporation Long-run profit in a Competitive market References Benefits of Economies of scale A franchise firm is big company which means that their cost of every unit sold or produced is lower and this…

Microeconomics: Government and Market Relations Critiquing government policies and attempting to create one that will bring success are two different activities. While one can say that government failures are worse than the market ones, it is clear that both of them can significantly impact peoples lives. However, states governments control many factors that contribute to…

Microeconomic Tools: Cost-Benefit Analysis Introduction Microeconomics is a branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources typically in markets where goods and services are being bought and sold. It examines how this decision behavior affects the supply and demand for goods and services, which determine prices, in…

Foundation of Microeconomics. Country Analysis Introduction The three core economic issues which influence the decision-making and economic stability of the countries are What, How and to Whom. It is assumed that in different countries, manufacturers and distributors use different economic theories in attempting to fulfill preferences. The countries selected for analysis are Guatemala, China and…

The Analysis of Microeconomics of Sberbank Table of Contents Introduction Supply and Demand Conditions Trends in Demand over Time Impact of Demand for Currency Conversion to Sberbank Price Elasticity of Demand of Sberbank Cost of Production Overall Market Conclusion References Introduction Exploring the nature of the companys microeconomics is an essential part of developing a…

Microeconomics Principles: Production, Costs and Profits Table of Contents Benefits of Economies of scale Disadvantages of being part of a large corporation Long-run profit in a Competitive market References Benefits of Economies of scale A franchise firm is big company which means that their cost of every unit sold or produced is lower and this…

Microeconomics: Government and Market Relations Critiquing government policies and attempting to create one that will bring success are two different activities. While one can say that government failures are worse than the market ones, it is clear that both of them can significantly impact peoples lives. However, states governments control many factors that contribute to…

Microeconomic Tools: Cost-Benefit Analysis Introduction Microeconomics is a branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources typically in markets where goods and services are being bought and sold. It examines how this decision behavior affects the supply and demand for goods and services, which determine prices, in…

Foundation of Microeconomics. Country Analysis Introduction The three core economic issues which influence the decision-making and economic stability of the countries are What, How and to Whom. It is assumed that in different countries, manufacturers and distributors use different economic theories in attempting to fulfill preferences. The countries selected for analysis are Guatemala, China and…

The Analysis of Microsofts Aggressive New Pricing Strategy Using Microeconomic Theory Introduction Monopolistic power is a profit earner for many companies. Monopolism still prevails despite the presence of government regulations against the formation of monopolistic power in the market, which brings deformities into the competitive scenarios. One of the vivid examples of the monopolistic dominance…