Why is Microeconomics important? 
    
        
     
    
 
    
        
    
        
        
    
        
        
            
                        Lenny D. 
                    answered  04/09/19 
            
            
                Former Tufts Economics Professor and Wall Street Economist
         
            
     
        
 
        
            
                
    
        Microeconomics is the foundation for how rational decisions are made. Just about every thing we do from the moment we wake up is microeconomic in nature.
     
 
             
         
        
     
    
 
     
        
    Still looking for help? Get the right answer, fast. 
    
        
        OR 
        
            
                
                    Find an Online Tutor Now
                 
             
                Choose an expert and meet online.
                No packages or subscriptions, pay only for the time you need.
            
         
     
 
    
¢ 
        € 
        £ 
        ¥ 
        ‰ 
        µ 
        · 
        • 
        § 
        ¶ 
        ß 
        ‹ 
        › 
        « 
        » 
        < 
        > 
        ≤ 
        ≥ 
        – 
        — 
        ¯ 
        ‾ 
        ¤ 
        ¦ 
        ¨ 
        ¡ 
        ¿ 
        ˆ 
        ˜ 
        ° 
        − 
        ± 
        ÷ 
        ⁄ 
        × 
        ƒ 
        ∫ 
        ∑ 
        ∞ 
        √ 
        ∼ 
        ≅ 
        ≈ 
        ≠ 
        ≡ 
        ∈ 
        ∉ 
        ∋ 
        ∏ 
        ∧ 
        ∨ 
        ¬ 
        ∩ 
        ∪ 
        ∂ 
        ∀ 
        ∃ 
        ∅ 
        ∇ 
        ∗ 
        ∝ 
        ∠ 
        ´ 
        ¸ 
        ª 
        º 
        † 
        ‡ 
        À 
        Á 
        Â 
        Ã 
        Ä 
        Å 
        Æ 
        Ç 
        È 
        É 
        Ê 
        Ë 
        Ì 
        Í 
        Î 
        Ï 
        Ð 
        Ñ 
        Ò 
        Ó 
        Ô 
        Õ 
        Ö 
        Ø 
        Œ 
        Š 
        Ù 
        Ú 
        Û 
        Ü 
        Ý 
        Ÿ 
        Þ 
        à 
        á 
        â 
        ã 
        ä 
        å 
        æ 
        ç 
        è 
        é 
        ê 
        ë 
        ì 
        í 
        î 
        ï 
        ð 
        ñ 
        ò 
        ó 
        ô 
        õ 
        ö 
        ø 
        œ 
        š 
        ù 
        ú 
        û 
        ü 
        ý 
        þ 
        ÿ 
        Α 
        Β 
        Γ 
        Δ 
        Ε 
        Ζ 
        Η 
        Θ 
        Ι 
        Κ 
        Λ 
        Μ 
        Ν 
        Ξ 
        Ο 
        Π 
        Ρ 
        Σ 
        Τ 
        Υ 
        Φ 
        Χ 
        Ψ 
        Ω 
        α 
        β 
        γ 
        δ 
        ε 
        ζ 
        η 
        θ 
        ι 
        κ 
        λ 
        μ 
        ν 
        ξ 
        ο 
        π 
        ρ 
        ς 
        σ 
        τ 
        υ 
        φ 
        χ 
        ψ 
        ω 
        ℵ 
        ϖ 
        ℜ 
        ϒ 
        ℘ 
        ℑ 
        ← 
        ↑ 
        → 
        ↓ 
        ↔ 
        ↵ 
        ⇐ 
        ⇑ 
        ⇒ 
        ⇓ 
        ⇔ 
        ∴ 
        ⊂ 
        ⊃ 
        ⊄ 
        ⊆ 
        ⊇ 
        ⊕ 
        ⊗ 
        ⊥ 
        ⋅ 
        ⌈ 
        ⌉ 
        ⌊ 
        ⌋ 
        〈 
        〉 
        ◊