# Microeconomics Assignment Help

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## What Is Microeconomics?

Microeconomics is a subpart of economics. Basically, it is a study of the behavior of businesses as well as individuals in making decisions about the allocation of limited stocks and the intercommunications among these businesses and individuals.

### Different Types of Microeconomics

The study of microeconomics can be classified into three categories. Such as:

●Micro Statics

:

It is the process of analysis that usually deals with the correlation between several micro variables at a stipulated time under the contingencies of equilibrium.

●Microdynamics

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The technique of microdynamics defines such a process whereby we can move from one equilibrium state to another. Basically, it involves the complete study of the forces.

●Comparative Micro Statics

:

It is a technique of analysis that analyzes the equilibrium state of the relationships between micro variables at distinct points in time. Therefore, it can be said that comparative micro statics is a study of several equilibria at distinct points in time.

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