Paper Title
Unraveling Microeconomic Theory: A Comprehensive Review of Key Concepts
Article Identifiers
Authors
Dr Rupam Soti
Keywords
microeconomic theory, review paper, market behavior, economic analysis, policy design
Abstract
The comprehensive understanding of microeconomic theory is vital for economists, policymakers, and researchers alike to analyze economic phenomena and formulate effective policies. The purpose of this review paper is to provide a comprehensive and systematic examination of key concepts and theoretical frameworks in microeconomic theory. To conduct this comprehensive review of microeconomic theory, a systematic literature search strategy was employed to identify relevant scholarly works. In conclusion, microeconomic theory plays a vital role in understanding individual and market behavior, informing economic analysis, and guiding policy-making. It provides valuable insights into how markets function, the impact of interventions, and the welfare implications for society. By addressing the limitations and pursuing future research directions, economists and policymakers can enhance the relevance and applicability of microeconomic theory, contributing to a deeper understanding of economic phenomena and more effective policy design.
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How To Cite (APA)
Dr Rupam Soti (January-2022). Unraveling Microeconomic Theory: A Comprehensive Review of Key Concepts. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 7(1), 170-179. https://ijnrd.org/papers/IJNRD2201023.pdf
Issue
Volume 7 Issue 1, January-2022
Pages : 170-179
Other Publication Details
Paper Reg. ID: IJNRD_200177
Published Paper Id: IJNRD2201023
Downloads: 000121997
Research Area: Social Science and HumanitiesÂ
Country: Ghaziabad, U.P., India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2201023.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2201023
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Journal Name: INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT(IJNRD)
ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar | ESTD YEAR: 2016
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Licence
This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition


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