Application of Microeconomic Theories to Understand the Rise in Trampoline Prices in the UK

BMP4003 Business Environment
Assessment 1 - Individual Presentation

Article Review - Economic Concepts
And Models
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Table of contents
• Introduction
• Project case study
• Microeconomic theory of demand and supply
• Application of demand and supply theory
• Microeconomic theory of market structures
• Application of market structures theory
• Conclusion
• References

Introduction
• The term microeconomics is that part of
economics that studies the behavior of
individuals such as households, business
and various other individual units. The
microeconomics is the branch of the
mainstream economics, which shows
how and why different goods have
different values.