Oberholzer-Gee, Felix, and Pai-Ling Yin. "Principles of Microeconomics for Strategists - An Online Tutorial (TN)." Harvard Business School Teaching Note 706-494, March 2006.

Microeconomics is the study of how individuals and businesses make choices regarding the best use of limited resources. Its principles can be usefully applied to decision-making in everyday life ...

Microeconomics Examples Microeconomics principles can be applied to understand common household or business budget decisions and financial situations.