Microeconomics is the study of the behaviour of individual consumers, firms, and industries and the determination of market prices and quantities of good, services, and factors of production.
MICROECONOMICS IN LEAVING CERT ECONOMICS
STRAND 2: HOW ARE ECONOMIC DECISIONS MADE?
2.1 The market economy
2.2 The consumer
2.3 The firm
2.4 Government intervention in the market
STRAND 3: WHAT CAN MARKETS DO?
3.1 Market structures
3.2 The labour market
3.3 Market failure
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