Micro-Economics

Micro-economics is that part of economic analysis which studies decisions of individuals and firms in economy. Microeconomics is the study of specific individual units, particular firms, particular households, individual prices, wages, income, individual industries, particular commodities etc.

In the words of Samuelson:
"In microeconomics we examine among other things how individual prices are set, consider what determines the prices of land and capital and enquire into the strength and weakness of market mechanism."

Microeconomics explains how consumers and producers take their decisions regarding allocation of productive recourses among various goods and services.

Welcome

Welcome to my blog. I'm a student of commerce since almost three years. Commerce has a wide range and an interesting subject. When I was thinking about writing on blog, I decided to write only about my subject, Commerce. So, that's why this is a Commerce House. You'll read here many thing but just about commerce. I hope that this will be useful for all students and those guys who are interested in it.

regards,