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mi·cro·eco·nom·ics | \ ˌmī-krō-ˌe-kə-ˈnä-miks 
, -ˌē-kə- \
, -ˌē-kə- \Definition of microeconomics
: a study of economics in terms of individual areas of activity (such as a firm) — compare macroeconomics
Other Words from microeconomics
microeconomic \ ˌmī-krō-ˌe-kə-ˈnä-mik , -ˌē-kə- \ adjective
, -ˌē-kə- \ adjectivemicroeconomist \ ˌmī-krō-i-ˈkä-nə-mist \ noun
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More Definitions for microeconomics
microeconomics
nounEnglish Language Learners Definition of microeconomics
: the study of the economic decisions and actions of individual people, companies, etc.
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Time Traveler for microeconomics
The first known use of microeconomics was in 1943
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