Väikemajanduses

Väikemajanduses refers to the study of small-scale economic activity within a larger economic system. It focuses on the decision-making processes of individual economic agents, such as households and firms, and how their interactions shape markets. Unlike macroeconomics, which examines aggregate economic phenomena like inflation and unemployment, microeconomics delves into the behavior of specific entities and the allocation of scarce resources.

Key concepts within väikeenomies include supply and demand, which explain how prices are determined in markets. It also explores concepts like elasticity, market structures (perfect competition, monopoly, oligopoly), consumer theory, and producer theory. Understanding väikeenomies helps explain why certain goods and services have particular prices, how businesses make production and pricing decisions, and how consumers allocate their budgets. Government policies, such as taxes and subsidies, are also analyzed in terms of their impact on individual economic actors and market outcomes. The goal is to understand the efficiency and equity of resource allocation at the most fundamental level.