Marginalism Principal 

FEATURES OF MICRO ECONOMICS

USE OF MARGINALISM PRINCIPLE

• Marginalism Principle refers to the consideration or paying attention on something additional or extra or single
• The Methodology of Micro Economics involves the study of individual unit
• where individual unit's details are taken
• Such attention on an Individual unit is considered a
• the application of Marginalism principle. Example: Marginal unit, Marginal Cost etc.