The Use of microeconomics Positive analysis: Why and how? Explain and predict the behavior of micro agents Explain and predict price behavior Normative analysis Is the equilibrium good? How should we achieve a better equilibrium?The Use of Microeconomics Positive analysis: Why and how? –Explain and predict the behavior of micro agents –Explain and predict price behavior Normative analysis: – Is the equilibrium good? –How should we achieve a better equilibrium?