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Podcast: Bocconi Virtual College
Episode:

Microeconomics - Preview of the lecture of Bocconi Virtual College
Category: Technology
Duration: 00:03:52
Publish Date: 2014-04-29 17:00:00
Description: Microeconomics studies the functioning of the market, i.e. the choices of consumers and firms facing the problem of scarcity of resources. Choices are necessary because the resources are scarce – if everything were available, there would be no need to choose. The lecture explains how the market works, the interaction between consumers and firms and how prices regulate the exchanges between supply and demand.
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