Microeconomics Guide - Economics - Business Quick Reference Guide by Permacharts

With the economy currently in turmoil, understanding how businesses and consumers interact is more important than ever?for business owners and students of economics, alike. A handy, fluff-free resource tool, our 4-page laminated guide simplifies the world of microeconomics through the use of definitions, formulas and full-color tables and charts. This chart on microeconomics covers types of markets, production costs, production, government intervention, supply and demand, short run vs. long run production, market equilibrium, consumer demand, and income variables. Microeconomics (from Greek prefix mikro- meaning "small") is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources.