Submitted by Anonymous (not verified) on Mon, 10/31/2016 - 10:43am
ECON - 101 - 01
Microeconomics studies the workings of individual markets. That is, it examines the interaction of the demanders of goods and services with the suppliers of those goods and services. It explores how the behavior of consumers (demanders), the behavior of producers (suppliers), and the level of market competition influence market outcomes.