Knowing Microeconomics is the secret way to keep up your budgets, income and expenditures with right measures. This idea gets extended if you take the reins of an individual business unit or firm that expects you to take care of its profit, loss, expenditure etc with good policies and prudent approaches. Learn Microeconomics, learn financial prudence, know the ways of human desires, their causes and results. In short, you analyze human behavior in terms of human wants, needs and their related activities like demand, supply, consumer behavior and theory of production and cost in turn. Hence learn Microeconomics to feel the pulse of your fellow beings in the world of production and consumption.
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