Which Tools and Methods are Needed to Undertake Microeconomic Analysis?

Idioma: inglés

Editorial: GRIN Verlag, GRIN Verlag Sep 2019, 2019

366897229X / 9783668972292

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Librería: buchversandmimpf2000, Emtmannsberg, BAYE, Alemaniabuchversandmimpf2000

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This item is printed on demand - Print on Demand Titel. Neuware -Seminar paper from the year 2013 in the subject Business economics - Business Management, Corporate Governance, grade: A, ( Atlantic International University ), course: DOCTOR OF ECONOMICS, language: English, abstract: This paper covers the concepts and tools needed to undertake microeconomics analysis of such problems that arise due to scarcity. The paper will also cover competitive and non-competitive product markets and why the different markets function the way they do. The researcher will attain the objectives of the course in this paper by researching on the topic and compiling not less than 15 pages. The writer will also provide a minimum of 20 multiple choice questions and answers.Craig and Depken (2006) explained that economists endeavor to understand how people and organizations reach their decisions. They pointed out that, economists delineate different types of decision makers into three types of economic agents. From the point of view of Burkett and John (2006), ¿Oikonomikos¿ raised four issues that lie near the central problem of economics even today. These are: how limited resources are best allocated to competing needs, what a manager can do to motivate subordinates to work hard, what it takes to be a good manager and how individuals, firms and government are supposed to choose our actions when the consequences of alternative actions are uncertain.These four issues cover the basic principles of microeconomics. Burkett and John further explained that, microeconomics overlaps with management science in its examination of optional business decisions but extend beyond that field into ¿normative and positive analysis of households, unions government agencies, and international trade.¿. What this means is that, unlike macroeconomics which concerned itself with aggregative results of individual decisions, microeconomics analysis concerned itself with problems individuals and organizations face due to scarcity.Books on Demand GmbH, Überseering 33, 22297 Hamburg 36 pp. Englisch.…

N° de ref. del artículo 9783668972292

Título
Which Tools and Methods are Needed to Undertake Microeconomic Analysis?
Autor
Munawaru Issahaque
Editorial
GRIN Verlag, GRIN Verlag Sep 2019
Año de publicación
2019
Estado
Neu
Encuadernación
Taschenbuch
Idioma
inglés
ISBN 10
366897229X
ISBN 13
9783668972292
Peso del artículo
68 gramos
Dimensiones
210x148x4 mm

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