In economics，Macroeconomics pays attention to the overall economic development status of a country or region，Microeconomics studies the economic decisions made by individuals and enterprises and how they use and allocate resources more effectively。Compared with macroeconomics，Microeconomics is closer to people's daily life，It also explains why different products have a series of realistic problems such as different value。Professor Amitrajeet A. Batabyal at the School of Economics at the School of Economics, the School of Economics of Robchest Institute of Technology，Microeconomics can help people better understand the economic phenomenon and economic behavior in real life，It can not only analyze the existing various economic problems，It can also provide theoretical basis for future economic policy。

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Thomas Sowell, an American economist, said，People always want to buy things with the highest cost -effective money with the least money，This makes bet365 live casino games human economic behavior research very important。As the theoretical basis of modern economics，The development of microeconomics began in the 1940s，It systematically studies personal economic behavior and socio -economic phenomenon with scientific research methods。Current，Microeconomics "Observation -Theory -Observation -Mathematical Model Analysis" research path，involved the theoretical form，It also provides analysis tools for inspection economic data。

Bet Bayer mentioned in the text，The most basic theory of current microeconomics is consumer theory and producer theory，The former pays attention to people’s behavior in the market environment，The latter follows the business behavior of the company in the market。Economist thinks，People are self -interest，All decisions will start from their own interests。For economists，If human behavior helps achieve the goal，So this behavior is rational。Economists usually do not make moral judgment on a person's goal。

Micro Economics，Consumer theoretical research is how people decide consumer behavior based on personal preferences and budget restrictions。The core of the theory is，Consumers want to obtain maximum bet365 Play online games effect in the market environment，That is, buy as much as possible with limited money。This study makes micro economists interested，It is because there is a core contradiction in this theory: limited means to meet unlimited needs。For example，The rental budget of a tenant is $ 1,000 per month，Now there are $ 900 in the market、1,000 US dollars and $ 1500 apartments to choose from，Exclude an apartment that exceeds the budget，Although the lowest rental apartment can help tenants save money，But microeconomicists think，A $ 1,000 rental apartment is the best choice for tenants。other，This theory can also show some external factors that affect individuals' economic decisions，If the income of consumers、The price of the product、Service Quality。Understanding conditions related to consumer consumption behavior，It can make suppliers easier to predict which products are better for sales，Then make a suitable business decision，To maximize the interests of the enterprise。At the same time，It can also allow economists to better grasp the overall economic form。

Professor Michael Bell, a professor at the University of Sydney, Australia, told this reporter，Microeconomics research is the price bet365 live casino games and production in a single market and the interaction between different markets。Microeconomicists can use observed human behavior to formulate various types of models，At the same time, you can test the model based on the actual economic phenomenon，Finally find the most ideal resource allocation condition in the market。other，Microeconomics can also analyze the cause of market failure，Because many macroeconomic theories in modern times are based on the micro -economic theory，is the basic assumption of micro behavior。Current，The application of microeconomics is mainly based on empirical levels。Microeconomics at the empirical level can describe an economic behavior，It can also be explained what effect if certain conditions will occur。For example，Manufacturers increase car sales price，The willingness to buy consumers will be reduced。Interpretation of microeconomics at the empirical level、Conclusion and prediction，Most of them are used in the formulation of economic policy，to achieve the most useful mode between market participants。It can be said，Value brought by microeconomics to people，What is the "What" from explaining the economic bet365 live casino games activity，Extend to people "What should I do"，can reach the state of the balanced market development。

　Application mathematical model enhanced scientific judgment

Usually，The interpretation of economic phenomena of microeconomics is completed by mathematical models，So，The conclusions obtained are more objective、More rational。Using mathematical models can also make scientific judgments and predictions of economic behavior in the real economic environment and economic system。From the view of Bate Bayer，Only use mathematical models in microeconomics，Only can guide people to better solve economic problems。At the same time，It can also indicate goals and directions for future economic development trends。

Bell thinks，Application mathematics model in the microeconomics，It can be inspected various theories。When considering and studying economic problems，Need a rigorous theoretical model for internal logic analysis，Add quantitative analysis method for empirical inspection，can we get the correct conclusion。other，Mathematics model can better explain the logical relationship between various economic variables and economic laws。So，People Bet365 app download who want to engage in microeconomics research，Must have good mathematics and mathematical statistical knowledge and skills。It can be said，No mathematics knowledge，It is difficult to grasp the nature of the concept of economic concept，Can't explain economic relations。Economic research must not only focus on the exploration of economic thought，Also analyze and interpret economic phenomena。Negative mathematical model，It will lack an empirical foundation for economic theory。

Microeconomics is a rigorous discipline。Bell said，No math tool，Many studies in microeconomics are difficult to determine the boundary conditions and scope of application。Only determine the boundary conditions and the scope of application，Economics theory will not be abused and misused。Analysis of actual problems through the method of microeconomics，can develop better policies，If the tax standard is set up、Set the minimum income standard，Finally, to maximize the interests of all economic participants。