Microeconomics is the study of consumer behavior of individual households and the impact that the decision making process of these households have on the economy. In contrast to macroeconomics which studies the aggregate economy, microeconomics studies the economic relationship between buyer and seller and its economic impact in the marketplace. Important topics include elasticity of price and demand, law of diminishing returns, short and long run economics, and law of supply and demand.

We provide comprehensive Microeconomics tutoring for students including the following Microeconomics topics:

• Aggregate Wealth
• Comparative Advantage
• Complementary Good
• Consumer Surplus
• Cross Elasticity of Demand
• Cross Price Elasticity
• Demand Curve
• Division of Labor
• Duality
• Economic Profit
• Economies of Scale
• Efficient Allocation
• Elasticity of Resource Demand
• Expected Utility Theory
• Game Theory
• Imperfect Competition
• Income Elasticity
• Income Elasticity of Demand
• Indifference Curve
• Isoquants
• Land Rent
• Law of Demand
• Law of Diminishing Returns
• Law of Diminishing Marginal Utility
• Law of Increasing Opportunity Cost
• Law of Supply
• Long Run Profit
• Long Run Supply
• Marginal Analysis
• Marginal Cost
• Marginal Productivity Theory
• Marginal Revenue
• Marginal Revenue Product
• Marginal Utility
• Monopolistic Competition
• Monopoly Models
• Monopsony Model
• Nash Equilibrium
• Natural Monopoly
• Normal Profit
• Oligopoly Models
• Opportunity Costs
• Optimal Allocation
• Pareto Optimality
• Perfect Competition
• Perfectly Inelastic
• Price Barriers
• Price Ceilings and Floors
• Price Discrimination
• Price Elasticity of Demand
• Price Elasticity of Supply
• Producer Surplus
• Production Possibilities Frontier
• Public Goods and Services
• Pure Competition Market Model
• Return on Labor
• Short Run Profit
• Short Run Supply
• Substitute Good
• Substitution and Demand
• Substitution and Supply
• Sunk Costs
• Supply
• Theory of Consumer Behavior
• Time Value of Money
• Utility Maximizing Rule