Lee Seung-hoon et al.: Microeconomics

The market economy, which has its own personal possessions and economic freedoms, moves through the choices of millions of individual economic agents. Depending on the target and environment, the choices for each individual economy are varied, but in any case each one has the freedom to choose the one that seems to be most advantageous to him in the different options that each can choose. So microeconomics is a fundamental principle that each economic self takes the best of all possible alternatives. For example, consumers are spending on the best consumer activity they can buy in the current income and prices. So while consumers don't even know what the indifference curve or the budget line is, microeconomics explains that consumers choose to spend their money approaching the budget. The microeconomics explanation is not about the process of choosing the consumer, but about the nature of the choices. The reality is that consumers don't even recognize the structure of the indifference curve, but if they choose the best consumption with limited income, then the budget line will be approached with the indifference line. The basic principle of choosing the best of available alternatives is the microeconomic view that goes through the description of all individual choices. But it is not always true that the results each chooses to make his own advantage are not always unconstitutional. For example, the product that companies choose is more than consumer consumption, so that the unsold amount of water remains, and the human resources that they want are often less than the number of job seekers, causing unemployment.

Korean title: 미시경제학

Korean author: 이승훈 외

Korean publisher: 생능

ISBN-13: 9791186689332