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A branch of economic science, microeconomics is concerned with the study of the primary economic entities: trade society, independent economy and actions, cooperatives, households and individuals, their legal status, organizational structure, functions, operations and management, market behavior, factors of efficiency and growth.
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Microeconomics is a complete subject for the economics students, and it is an important part of economics. Key applied microeconomics fields are price theory and labor economics. Help with Microeconomics Assignment. We have a clear classification of the term economics. Microeconomics is the first branch and macroeconomics is the second component. Both of these branches have their own importance. If you need an A+ in your coursework, you have to workout both macro and micro.