Glossary · Micro · Macro · Macro foundations
Microeconomics
The study of individual choices and single markets: how a household spends, how a firm sets output, how the price of coffee is set. It is the building block that macroeconomics assembles into a picture of the whole economy.
Related terms
More from macro foundations
Definitions are the start
See the term used, not just defined.
The full course teaches every term in context, with worked examples, interactive graphs and practice questions that remember what you get wrong.