Microeconomics is that branch of economics which studies economic activities relating to individual economic units like a consumer, or a producer. Example: Problem of product pricing or factor pricing. This app contains: 1. Economics and Economy 2. Central Problem of an Economy 3. Consumer's Equilibrium Utility Analysis 4. Consumer's Equilibrium - Indifference Curve Analysis 5. Theory of Demand 6. Price Elasticity of Demand 7. Production Function and Returns to a Factor 8. Concepts of Cost 9. Concept of Revenue 10. Producer's Equilibrium 11. Theory of Supply 12. Forms of Market 13. Market Equilibrium Under perfect competition