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Essays on Microeconomics

What is Microfinance

What is ‘Microfinance’ Microfinance, also called microcredit, is a type of banking service that is provided to unemployed or low-income individuals or groups who otherwise have no other access to financial services. While institutions participating in the area of microfinance are most often associated with...
Microeconomics 4 Pages

Role of Mircroeconomics in Politics

ROLE OF MICROECONOMICS Microeconomics (from Greek prefix mikro- meaning “small”) is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms.[1][2][3] One goal of microeconomics is...
Microeconomics Politics 2 Pages

How microfinance works

Over 55 percent of the world’s population lives in rural areas(Morvant-Roux,2017) where most households are excluded from the formal financial system. Access to financial service by poor households is therefore a necessity, given that it’s an opportunity for these excluded segment of the population to...
Finance Investment Microeconomics 6 Pages
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