The microeconomics is a material part of the branch of economics related to the sphere of economic policy. concerns then those aspects pertaining to the study of the functioning of the economic system but not general ones for the entire system (the object of study of Macroeconomics ), but those more details, related to the individual, to your preferences and behaviors. This matter is addressed in the first year of university study. In this guide give you some advice on how to prepare for the exam.

First, we must say that microeconomics, to be adequately studied, assumes a basic knowledge of specifications. From the theoretical point of view, you must have passed a test of classification of political economy to understand the concepts (eg, the opportunity cost) that examination are taken for granted by the student. From the practical point of view it is necessary to have a good preparation for math (I recommend taking the exam in mathematics before the microeconomics), several years in fact require a good knowledge and skills in this area.

microeconomics-study

The examination is divided into two parts, one theoretical and one practical. As in the practice you will perform exercises application of the theory first council to study and understand very well the theoretical part, understand the concepts and logic of the economic system, the axioms underlying the theorems behavior of the operators, etc. understand fully the concept in this area is crucial to memory is not very useful because it allows you to perform the exercises of the practical part. Once you understand the concepts, you can go to the exercises confronting them going hand in hand to the topics studied.

The exercises in microeconomics that make up the practical part are quite confusing, in particular require the use of mathematical tools quite advanced that must be mastered very well by the solver. As mentioned a good understanding of the theoretical part is a prerequisite. Microeconomics has little mnemonic. However, you must take care to remember well the theory and formulas, as well as how to conduct, the exercises. Once you have done this you are ready to take the exam.