microeconomics

noun

mi·​cro·​eco·​nom·​ics ˌmī-krō-ˌe-kə-ˈnä-miks 

-ˌē-kə-

plural in form but usually singular in construction

: a study of economics in terms of individual areas of activity (such as a firm) compare macroeconomics

microeconomic

ˌmī-krō-ˌe-kə-ˈnä-mik 

-ˌē-kə-

adjective

microeconomist

ˌmī-krō-i-ˈkä-nə-mist 

noun

Examples of microeconomics in a Sentence

Recent Examples on the Web

PredictIt makes its data publicly available, and dozens of research institutions have made use of it for studies of microeconomics and political behavior. —Ben Terris, Washington Post, 24 Jan. 2023

The new major will be fully integrated into Wharton’s current curriculum, meaning students will still take foundational courses like microeconomics and marketing. —Paolo Confino, Fortune, 25 Oct. 2022

Councilman Devyn Keith said microeconomics says anyone with an extra $1,000 spends that in the local economy. —Lee Roop | [e-mail], al, 12 Aug. 2022

Inflation is both the result of total spending running ahead of the economy’s capacity to supply goods and services (macroeconomics), and idiosyncratic behavior in one industry or another (microeconomics). —Greg Ip, WSJ, 12 Jan. 2022

Word History

First Known Use

1943, in the meaning defined above

Rhymes for microeconomics

• macroeconomics
• atomics
• bionomics
• economics
• ergonomics
• bombyx
• comics