Microeconomics is derived from the Greek term Â“micro,Â” meaning Â“small,Â” and economics, the mother discipline. Applied microeconomics is a sub-field of economics which uses data and econometric methods to test economic theory. 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. The field of applied microeconomics (Â“applied microÂ”) is a fundamentally outward-looking branch of economics. Applied microeconomists take economic theories and methodologies out into the world and apply them to interesting questions of individual behavior and societal outcomes. 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. The open access journals are peer reviewed scholarly journals of Global Economics. The top open access journals are freely available on the public internet domain, allowing any end users to read, download, copy, distribute, prink, search or link to the full texts of the articles. These provide high quality, meticulously reviewed and rapid publication, to cater the insistent need of scientific community. These journals are indexed with all their citations noted. The top open access journals are indexed in SCOPUS, COPERNICUS, CAS, EBSCO and ISI.
Last date updated on July, 2014