Explore Alfred Marshall's quote about fluctuating prices and the purchasing power of money. Learn how these economic principles affect everyday life and budgeting.

Vol. 85, No. 2, Papers and Proceedings of the Hundredth and Seventh Annual Meeting of the American Economic Association Washington, DC, January 6-8, 1995 (May, 1995), pp. 339-342 (4 pages) The ...

Microeconomics is one of the major focus areas within the academic field of economics. While the scope and methods of microeconomics can be complex, its overall focus is relatively straightforward.