Microeconomics

Hernan Vargas
Mind Map by Hernan Vargas, updated more than 1 year ago More Less
Viviana Mora
Created by Viviana Mora about 1 year ago
Hernan Vargas
Copied by Hernan Vargas about 1 year ago
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Mind Map on Microeconomics, created by Hernan Vargas on 02/15/2020.

Resource summary

Microeconomics
  1. what is microeconomics
    1. economy
      1. economics is the social science that is dedicated to studting how individuals manage the scare resources to meet their needs
        1. Fundamental economic problems
          1. what and when to produce ?
            1. How to produce?
              1. for whom to produce?
            2. goods
              1. The goods are tangible items used to meet the needs
                1. Needs
                  1. The needs are expression of what an individual requires indispensable for his subsistence and development
                2. Macroeconomy
                  1. Microeconomics
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