Microeconomics Elements:

The principles of supply and demand are some of the most basics and fundamental concepts of markets that have been developed over the years. Hence in a market, there is supply which comes with certain prices as well as demand which also comes with certain quantities. Understanding these dynamics is particularly important in analyzing the case studies which are focused on consumer behaviour, pricing and market conditions.

• Flexibility: That indicates how elastic supply or demand is to changes in the market for instance, changes in price. Such as how price changes impend to affect sales volume is made comprehensible through price elasticity of demand to business people for instance. This idea is often applied in case analyses of situations concerning pricing strategies. 
• Market Organization: Market structures associated with the pricing strategies as well as the entry barriers include the following: oligopoly, perfect, monopoly and monopolistic competitions. When analyzing competitive forces in case studies for instance when comparing strategies or market control it is necessary to consider market structure. 
• Expense Charts: Hence, understanding of the business cost structure which includes fixed and variable costs is critical when analyzing profit, pricing strategies and investment decisions. In fields ranging from financial planning to business strategy, the concept of cost analysis is found, especially in cases that focus on them. 
• Customer Action: Consumer behaviour focuses mainly on how people make decisions with regards to products the
• y want to purchase based on their preferences, their income and the price of products. This aspect is particularly useful in product development process, export marketing and for cases where the policies being implemented are sensitive. 

Challenges That Makes Students Look For Economic Assignment Help

 Students are forced to search for help with their assignments and online case solutions for a number of reasons some of which are listed below. The following are a few typical difficulties that add to its complexity:

• Complicated Theoretical Ideas: Economic theories could be complicated, difficult to understand, yet very beneficial to have knowledge about. The ideas that are put forward by the authors may be challenging for the students to understand and appreciate when it comes to applying them appropriately to the case applications; hence, need for professional help. 
• Analyzing and Interpreting Data: Financial data are often used for case studies whereby students have to analyze and evaluate large quantities of data often in the form of financial statements, market information, and various indicators. This might be overwhelming to the pupils especially if they have not had any practice in the use of statistical tools in data analysis. 
• Time Restrictions: Economic research is time consuming and requires the application of reason, research and analytical skills. These kind of students would be struggling to find time to complete their case studies or complete other coursework or part time jobs that they may be attending.
•  Writing and Language Proficiencies: Writing well-elaborated, and structurally coherent case study can be challenging for the authors especially when English is but their second language. The problem here could be that lack of appropriate academic writing skills reduces the production of language thus challenging a student’s ability to present his/her analysis and possible solutions.