The demand for a good is inversely proportional to its price, all things being equal. Microeconomics is the study of economic decisions and phenomena at the level of an individual person or firm.

Half a century ago, economic research took a little-noticed yet dramatic departure from the study of concepts most people ...

In addition to offering a rigorous course of study in economic and statistical ... must be completed at The New School for Social Research. The three electives can be any courses offered by the ...

Economists work at the intersection of the social sciences ... microeconomics, which studies how economic models like supply and demand apply to small businesses; and econometrics, which covers ...