Glossary of Terms in Microeconomics

The scale of economic reforms in the country in recent years, both expanding and deepening, as well as the impact of the crisis on our national economy, require the need to further objectify the activities of economic entities and increase labor productivity. This raises the task of improving the work in this area on the basis of the needs of the time. Microeconomics is the study of the behavior of individual economic entities in order to determine the conditions and mechanisms for the efficient use of limited production resources to meet infinite human needs. The purpose of this glossary is to provide students with definitions of terms related to the science of microeconomics in Uzbek, Russian, English, which are necessary for practical work in students, and not only in science, but also, can also be used in business activities.