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A school of economics should be ranked in the top ten to produce favorable job prospects. In addition, a strong background in statistics and econometrics is needed.

The goal of this site is to provide great information about majoring in economics. There is a lot of good and bad information out there to be addressed. Please email tips and advice to admin@schoolofeconomics.info

Cute Professor Showing Supply and Demand Curves for Economics Students

Microeconomics

Microeconomics studies the decision making process of the individual firm. The goal is to understand how the bottom line is effected through economic corporate policy.

Within microeconomics you can study things like how large corporations do the majority of the business in American and that a few firms called oligopolies compete.

Another popular microeconomic theory is game theory. Game theory suggests how firms will make decisions when working with dishonest people.

Microeconomics boils down to a typical economics graph. You figure out the supply and demand and then figure out the differences between graph lines through regression analysis (econometrics).

 

 

 


 

 

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