文档介绍：Chapter 1 Preliminaries 1 Chapter 1 Topics to be Discussed The Themes of Microeconomics What Is a Market? Real Versus Nominal Prices Why Study Microeconomics? 2 Chapter 1 Preliminaries Microeconomics deals with: Behavior of individual units When Consuming How we choose what to buy 3 Chapter 1 Preliminaries Microeconomics deals with: Behavior of individual units When Producing How we choose what to produce 4 Chapter 1 Preliminaries Microeconomics deals with: Markets: The interaction of consumers and producers 5 Chapter 1 Preliminaries Macroeconomics deals with: Analysis of aggregate issues: Economic growth Inflation Unemployment 6 Chapter 1 Preliminaries The Linkage Between Micro and Macro-economics Microeconomics is the foundation of macroeconomic analysis 7 Chapter 1 The Themes of Microeconomics According to Mick Jagger* & the Rolling Stones “You can’t always get what you want” *Economics degree from London School of Economics 8 Chapter 1 The Themes of Microeconomics Why Not? Limited Resources 9 Chapter 1 The Themes of Microeconomics Microeconomics Allocation of Scarce Resources and Trade-offs In a planned economy In a market economy 10 Chapter 1