• Education
    • General
      • Dictionary
      • Economics
      • Corporate Finance
      • Roth IRA
      • Stocks
      • Mutual Funds
      • ETFs
      • 401(k)
    • Investing/Trading
      • Investing Essentials
      • Fundamental Analysis
      • Portfolio Management
      • Trading Essentials
      • Technical Analysis
      • Risk Management
  • Markets
    • News
      • Company News
      • Markets News
      • Trading News
      • Political News
      • Trends
    • Popular Stocks
      • Apple (AAPL)
      • Tesla (TSLA)
      • Amazon (AMZN)
      • AMD (AMD)
      • Facebook (FB)
      • Netflix (NFLX)
  • Simulator
    • Simulator
      • Create an Account
      • Join a Game
    • My Simulator
      • My Game
      • Create a Game
  • Your Money
    • Personal Finance
      • Wealth Management
      • Budgeting/Saving
      • Banking
      • Credit Cards
      • Home Ownership
      • Retirement Planning
      • Taxes
      • Insurance
    • Reviews & Ratings
      • Best Online Brokers
      • Best Savings Accounts
      • Best Home Warranties
      • Best Credit Cards
      • Best Personal Loans
      • Best Student Loans
      • Best Life Insurance
      • Best Auto Insurance
  • Advisors
    • Your Practice
      • Practice Management
      • Continuing Education
      • Financial Advisor Careers
      • Investopedia 100
    • Wealth Management
      • Portfolio Construction
      • Financial Planning
  • Academy
    • Popular Courses
      • Investing for Beginners
      • Become a Day Trader
      • Trading for Beginners
      • Technical Analysis
    • Courses by Topic
      • All Courses
      • Trading Courses
      • Investing Courses
      • Financial Professional Courses
Economics
  • Race and Income Inequality
  • Gender and Income Inequality
  • Practical Look At Microeconomics
  • Understanding Income Inequality
  • Global Trade Guide
  • Guide to Economics
  • Microeconomics
  • Macroeconomics
  • Behavioral Economics
Economics Microeconomics

Microeconomics

Microeconomics studies how the behaviors of individual market participants—such as buyers, sellers, and business owners—affect the allocation of resources.

Economics
  • Race and Income Inequality
  • Gender and Income Inequality
  • Practical Look At Microeconomics
  • Understanding Income Inequality
  • Global Trade Guide
  • Guide to Economics
  • Microeconomics
  • Macroeconomics
  • Behavioral Economics
Demand Definition
Demand is an economic principle that describes consumer willingness to pay a price for a good or service.
  • Marginal Benefit vs. Marginal Cost: What's the Difference?
  • new york city skyline
    Comparative Advantage Definition
  • Economic Indicator Definition
  • Efficiency Definition
  • Midsection Businessmen Analyzing Charts on Laptop in Office
    Elasticity Definition & Explanation
  • Midsection Businessmen Analyzing Charts on Laptop in Office
    Indifference Curve Definition
  • Inferior Good Definition
  • Law of Demand Definition
  • Reflection of stock market graph in window
    Long Run Definition
  • Market Price Definition
  • Substitute Definition
  • Elasticity vs. Inelasticity of Demand: What's the Difference?
  • Barriers to Entry Definition
  • Young people work in modern office.
    Law of Diminishing Marginal Productivity Definition
  • Hotdog and Hamburger on an American flag napkin and toothpick
    Marginal Rate of Substitution (MRS) Definition
  • Rent Seeking Definition
  • Comparing Internal vs. External Economies of Scale
  • Disequilibrium Definition
  • Businessperson Covering Stacked Coins On Weighing Scale
    External Economies of Scale Definition
  • Imperfect Market Definition
  • Two happy shoppers comparing purchases in shopping bags
    Marginal Utility Definition
  • Price Leadership Definition
  • Short Run Definition
  • Theory of the Firm Definition
  • Checking the quality of products and packaging
    Theory Of Price Definition
  • euro coins sinking in water
    Diminishing Marginal Returns vs. Returns to Scale: What's the difference?
  • Giffen Good Definition
  • Choices
    Marginal Rate of Transformation (MRT) Definition
  • Minimum Efficient Scale (MES) Definition
  • Price Sensitivity Definition
  • Accounting
    Switching Costs Definition
  • Person writing on whiteboard the word economics
    Distinguishing Demand Function From Utility Function
  • Race to the Bottom Definition
  • Old automation machine
    Ratchet Effect Definition
  • Collusion Definition
  • Supply Shock Definition
  • Factory workers doing metal work
    Nonfarm Payroll Definition
  • Cash Department Window Currency Exchange
    How do you calculate the marginal propensity to consume?
  • Compound Net Annual Rate – CNAR Definition
  • What to Know About Economic Value Added (EVA)
  • Sales Price Variance Definition
  • Business Planning
    Style Matters In Financial Modeling
  • Supply
  • Understanding Income Effect vs. Substitution Effect
  • Close-Up Of Coins On Weight Scale
    Understanding Economies of Scope vs. Economies of Scale
  • Blackout Period Definition
  • H-1B Visa to Green Card Backlog: Why Tech Companies Demand Change
  • Understanding Perfect vs. Imperfect Competition
  • On-Line Processing Orders From Storage Room
    How Does the Law of Supply and Demand Affect Prices?
  • Economic Equilibrium Definition
  • A young woman is eating a slice of pizza on a white background
    Utility Definition
  • Consumer Surplus vs. Economic Surplus: What's the Difference?
  • Producer Surplus Definition
  • A shot of the New York Stock Exchange building with three American flags waving.
    Income Effect Definition
  • Caught
    4 Famous Inventory Frauds You've Never Heard Of
  • Building with columns
    Normal Good Definition
  • It's Not Time to Panic About Jet Fuel Prices - Yet
  • A reflection of a building in the glass of a building where people walk through it in casual clothes
    Supply Curve Definition
  • Factory worker assembles car doors on a production line
    Diseconomies of Scale Definition
  • Inelastic
  • Demand Curve
  • Microeconomics Definition
  • What Are Economies of Scale?
TRUSTe
  • About Us
  • Terms of Use
  • Dictionary
  • Editorial Policy
  • Advertise
  • News
  • Privacy Policy
  • Contact Us
  • Careers
  • California Privacy Notice
  • #
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • H
  • I
  • J
  • K
  • L
  • M
  • N
  • O
  • P
  • Q
  • R
  • S
  • T
  • U
  • V
  • W
  • X
  • Y
  • Z
Investopedia is part of the Dotdash publishing family.