1.0Editura ASEhttps://dev.editura.ase.ro/editura-aseEditura ASEhttps://dev.editura.ase.ro/editura-aserich600338<blockquote class="wp-embedded-content" data-secret="cuzl0AFkDJ"><a href="https://dev.editura.ase.ro/editura-ase/en/product/microeconomics-applications/">Microeconomics. Applications</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://dev.editura.ase.ro/editura-ase/en/product/microeconomics-applications/embed/#?secret=cuzl0AFkDJ" width="600" height="338" title="„Microeconomics. Applications” – Editura ASE" data-secret="cuzl0AFkDJ" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://dev.editura.ase.ro/editura-ase/wp-includes/js/wp-embed.min.js </script> “Economics is a study of mankind in the ordinary business of life.” So wrote Alfred Marshall, one of the most famous economists of nineteenth-century, in his textbook, Principles of Economics. And this definition of economics, as a social science, is as true today as it was in 1890. The field of economics is divided into two broad subfields: microeconomics and macroeconomics. As we will further analyze the first one, it is worth to mention that microeconomics is the study of how households and firms make decisions and how they interact in specific markets. The main objective of this book is to help students improve their understanding of how a market works. How are prices and wages determined and why are they continually changing? Who determines what will be produced and how much?https://dev.editura.ase.ro/editura-ase/wp-content/uploads/2022/07/978-973-594-943-3.jpg400578