Microeconomics is derived from the Greek term âmicro,â meaning âsmall,â and economics, the mother discipline. Applied microeconomists take economic theories and methodologies out into the world and apply them to interesting questions of individual behavior and societal outcomes. It is the subspecialty of economics that strives to understand how individuals, households or consumers, and companies or producers choose to allocate their limited resources and how they arrive at those decisions in rational fashion. Sometimes the theory being tested is well-defined but often it is a general question where the researcher does not have a specific theoretical prediction. Online Journals are scholarly and peer reviewed journals. The journals provide forum and motivates scientists, researchers, academics, engineers, and practitioners in all aspects to share their professional and academic knowledge in the fields computing, engineering, humanities, economics, social sciences, management, medical science, and related disciplines. Online Journals also aims to reach a large number of readers worldwide with original and current research work completed on the vital issues of the above important disciplines. The journals permit all readers to read, view, download and print the full-text of all published articles without any subscription or restrictions.
Last date updated on September, 2024
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