Microeconomics

GPTKB entity

Statements (53)
Predicate Object
gptkbp:instanceOf branch of economics
gptkbp:analyzes consumer behavior
production theory
cost structures
market structures
gptkbp:appliesTo welfare economics
labor markets
resource allocation
externalities
public goods
gptkbp:contrastsWith macroeconomics
gptkbp:focusesOn supply and demand
market equilibrium
price formation
gptkbp:hasConcept gptkb:Pareto_efficiency
consumer surplus
elasticity
asymmetric information
price discrimination
marginal utility
opportunity cost
market failure
deadweight loss
diminishing returns
producer surplus
principal-agent problem
https://www.w3.org/2000/01/rdf-schema#label Microeconomics
gptkbp:includes perfect competition
monopoly
monopolistic competition
oligopoly
gptkbp:keyFigure gptkb:Adam_Smith
gptkb:Alfred_Marshall
gptkb:Paul_Samuelson
gptkb:Leon_Walras
gptkbp:studies markets
households
firms
individual agents
gptkbp:taughtAt business schools
universities
economics departments
gptkbp:uses game theory
optimization
mathematical models
marginal analysis
budget constraints
indifference curves
utility theory
gptkbp:bfsParent gptkb:Microeconomic_Theory
gptkb:Microeconomics_(textbook)
gptkb:Microeconomics:_Competition,_Conflict,_and_Coordination
gptkbp:bfsLayer 6